GREY:NMKEF - Post by User
Post by
CanadaCoinon Apr 04, 2019 9:26pm
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Post# 29585351
Stock Valuation....
Stock Valuation....No one.....whether you are an investor, an analyst, a banker, a blogger.....can form a valuation on a resource company/mining project - without a Feasibility Study, or similar economic assessment. They all use this valuable asset as their starting point, and adjust upward/downward from there based on changing parameters. This valuable and compliant report provides all the necessary production, market, economic data and valuations.
So why do inexperienced people feel like they can over-ride and over-state what has already been determined? Seriously? :)
Disclaimer....of course it goes without saying that the Nemaska FS has to be revised downward due to negative changing parameters. Therefore, changing the project valuation.
But certain posters and/or web writers pull erroneous numbers out of a hat. :)