Post by
BywrongK on Sep 07, 2018 5:19pm
Phunny math...phunny permitting
Frozen nutzsac....guess U never heard about Discount Rate or NPV...take ur phunny math $1.1B and discount it to 5%...or 8% Net Present Value...come out to $55,000,000 NPV (5%). With a Market Cap of $200,000,000....looks like U got another haircut coming. But then again....U happy with paying $1 for shares here....want to buy some from me for $1? . Now about permitting a mine in a NDP Province that just turned down a pipeline...that already : 1) owned the right of way 2) had Federal Approvals 3) already had an existing pipeline 4) let's not overlook that BGM has already plead guilty to depositing liquid waste into a fish-bearing watershed and was fined $200,000....shareholder $$ well wasted IMHO...that will make permitting easy in a Province run by Greens and NDP's
Comment by
chillyballs on Sep 07, 2018 10:30pm
Jakearse.... I mean Buttwrong.... You are going to look more like a goof than you do now when you are stuck with your thumb up your butt while the rest of us are making some coin. Why would I discount anything when the $$'s have been committed... the value regardless of how it was derived is real... Stooooooopid!!!!