OTCPK:CTNXF - Post by User
Post by
savyinvestor333on Dec 19, 2020 4:42pm
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Post# 32147716
Correct me if i am Wrong
Correct me if i am WrongThe value of Solgold shares that Cornerstone holds is $102,141,650 (157141000 x .65) The value for the 15% Cascabel from MRE#2 is $72,000,000 but they now have MRE#3 which adds 40% if I am correct so the value should now be $100,800,000 . The book value alone of these 2 items should be $202,941,650. Now divide that by 32,470, 661 shares and that gives me a book value of $6,25 for just these 2 items. This is not allowing for any other properties or buyout premiun. I always like buying at a discount.