SirSquibbels - TheRealFacBine ( same old square)
:Buyout Price of $5-$10 Why it is reasonable SirSquibbels wrote: . 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. Now with the Gold price, the Buy Out would easily be between $60 to $150