how to get to 3 dollars a share
Let´s dream about the next 5 years:
1. Mexico
Nayrat long term cash flow 600000 per year starting within the next 3 months
El Oro tailings cash flow 1,5 mio a year for 5 years starting in 12 months
El Oro backfill cash flow 1 million a year for 5 years startin in 24 months
Drilling El Oro with the cash flow starting in 24 months from month 24-60
Defining resource of 2 Million Ounce of gold in vein estimated insitu value 300 CAD/ounce - 600 million market capital
Transition from backfill minining to actual vein mining with increasing cash flow and transition from an explorer to a mining company with an additional market captial appreciations of 300 million
2. Peru
1 successufl exploration hit
PP dilution 15 million average CAD 20 cents a share or about 75 million shares
delineate 500000 ounces gold-silvereq a 300 CAD/ounce or 150 million market capital
so overall 1050 million market capital in 5 years with 225 million shares outstanding or about 4,5 dollars a share
Well, maybe on the optimistic site all of this, but it is not forbidden to dream in the world of explorers :) GLTA