RE:RE:PEA numbersNLMoose wrote: The problem is that most of these investors like failed their university or college level Finance course as Anaconda Mining's Goldboro project has a great Net Present Value of over 1/2 billion dollars, and an Internal Rate of Return of 24 - 30%, which is why that stock is being disproportionately punished as opposed to be rightfully rewarded.
In other words, Anaconda Mining stock should be worth at least $1.50 a share, perhaps even higher.
Its time that all investors take a course in Finance before they start investing so that they learn about the Goal of the Firm, and Capital Budgeting.
In that Finance course, I hope they will teach the difference between investors wanting to take some profits after a nice run leading up to a news realease, rather than wanting to « punish » the stock for that news release !