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Bullboard - Stock Discussion Forum Cornish Metals Inc SBWFF


Primary Symbol: V.CUSN

Cornish Metals Inc. is a Canada-based mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The 100% owned and fully permitted South Crofty tin project is a strategic tin asset and is located in the Central Mining District of Cornwall, in the towns of Pool and Camborne, United Kingdom. The project’s... see more

TSXV:CUSN - Post Discussion

Cornish Metals Inc > Valuing this company
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Post by Microcapkid on Jul 06, 2021 6:57am

Valuing this company

I'm of the opinion that in the coming years we will see a pronounced bull market in tin; I've done some dd after coming upon Cornish; my issue is, since it is pre-revenue, what metrics are you guys and girls using to value this company? Like would anyone be willing/able to share a base case valuation and the metrics used in arriving at this valuation?
Comment by idleintruder on Jul 06, 2021 8:45am
Microcaokid: Isn't it too soon to put a valuation?   Today's drill results were excellent, with a new silver find.  Clearly Cornish could be worth several billions.  In time, we'll know.
Comment by Microcapkid on Jul 06, 2021 10:54am
It is absolutely too early to put a valuation on this company in the traditional sense (I.e. a multiple of sales/earnings/book/etc.).    I suppose what I am asking is, what metrics are you guys/gals using to determine what you deem to be a potential share price in the future. By your own admission it "could be worth several billion"; by what metric(s).  im ...more  
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