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Bullboard - Stock Discussion Forum First Choice Products Inc. C.FCI

"First Choice Products Inc is in the business of manufacturing, acquiring and introducing high quality, innovative products that capture a profitable niche in various markets."

CSE:FCI - Post Discussion

First Choice Products Inc. > TRY TO RELATE TO AN OREBODY
View:
Post by gsbfinancial on Feb 19, 2012 3:05pm

TRY TO RELATE TO AN OREBODY

In trying to explain this to a friend of mine, I suggested, if I told you a company was about to drill a property and the drilling would define a orebody worth 350 million dollars and the company only had fully diluted 28 million shares with a float of 12 ,illion I asked him what he thought the stock would be worth just on speculation of the company tapping in on $375 million, his reply was $5 per share.

This company is tapping into a $375 million dollar revenue package with renting out the "TOOL" for $700 per day per tool with over 500,000 wells in operation, well you work out the math.

Comment by dart321 on Feb 19, 2012 7:34pm
Dollar wise, yes there will be a substantial cash flow. To what extent that cash flow will be we will soon find out as most people don't realize how close that cash flow is.  If I had to guess I would suspect sales could happen within four weeks, yes you heard right, four weeks.  Four times projected yearly cash flow divided by the number of shares outstanding gives you share value ...more  
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