RE:Buyout Price of $5-$10 Why it is reasonableSirSquibbels wrote: The stock market is about the little guy getting steam rolled these days, about manipulation and back room deals ie financing at .60 days before the announcment.
That being said the reason that I say $5 to $10 is reasonable is it takes ample being bent over into account. I figure by the time the buy out happens we will have issued about 100,000,000 shares combine this with a valuation of $1,000,000,000 (the mine is expected to produce about 3.7 billion) so lets cut the buy out valuation to about a quarter or an eighth to keep it in line of getting bent over CPN/ESM stock market style so.
Buy out with 100,000,000 million shares out
Company/assets valued at $500,000,000 to $1,000,000,000
and you get a fair bonning of $5 to $10 per share.
When do you think we get it?