GREY:NEVDQ - Post by User
Post by
rockhound3on Oct 10, 2021 10:14am
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Post# 33993147
Why isnt the target price at least $3.15?
Why isnt the target price at least $3.15?I say this given that 31.5 cents was the top price in the last yr =before the 10:1 consolidation
If NGU or others who study the issue could comment =taking into consideration the recorded book value PLUS the estimate FAIR VALUE of the unrecorded value based on other miners including both the mine and most importantly the deposit both MEASURED and INFERRED!
This is what I would expect the sophisticated investor would normally be doing!?
My expectation is that the Expected Value is more like in the range of $ 10-30 per share ie $1-3 pre the consolidation!
Comments appreciated!
Rock