OTCQX:BALMF - Post by User
Comment by
astrorbiton Jul 02, 2017 4:46pm
236 Views
Post# 26428627
RE:Very positive
RE:Very positiveThat is a LOFTY valuation.
From what i see you are basing it off how WTM went up 24X.
Hypothetical example:
$14.88*135million(fully diluted shares outstanding)
=
$2Billion
Based on the june presentation abitibi premium would bring $175per ounce.
2billion/$175=
11million of hypothetical gold