Verde Agritech Ltd T.NPK

Verde AgriTech Announced 1.35 Billion Tons of Maiden Mineral

[rudinm]

That should be worht 5-7 cents if they can get it going . like IPO and find a company like Rio or Vale to develope it . Then it could be even a couple more cents

[DiggeDiego]

5-7 cents in total? 5-7 cents per share? 5-7 cents per tonne? Mind explaining your calculation?

[rudinm]

Per shares but any junior mining company is a black whole for money. But if they can lease out the land and get some royalty of the production then maybe more but that can take a long way7-15 years

[DiggeDiego]

So how do you explain Meteoric being valued to ~160 million CAD with half the deposit? The 5-7 cents are maybe what it's worth's to you but looking at other companies it should be worth a lot more... we'll see when they announce a placement for Oby what the value is...

[Tslayer]

Beware of Verde's pump and dump PRs. Do you remember the carbon credit fiasco of a couple years ago? I've held this stock for 4 years and its been nothing but a disappointment. I'm sure we'll be referring to its latest PR a year down the road as the stock continues to trade < $1.00. 

[rudinm]

Junior mining stocks are extremely difficult to value. I own BSK.to a junior uranium stock and look at a chart even their project will be highly profitable the stock is at 7 cents...so it could be that the spinoff will be a nothing burger for year till they lease out the land or have a big company agreement sort of

[DiggeDiego]

So you mean every mining junior should trade at 7 cents regardless of its number of outstanding shares?  As an example Oby will have around 55 million shares outstanding before any placement, at 7 cents it would be worth 3.85 million Meteoric has 2.3 billion shares outstanding, at 7 cents that would be worth 161 million and BSK which you refer to has 300 million outstanding shares

[rudinm]

well i think the rare earth adds about 5-7 cents to verde shres for now and not more ....only if they get an IPO and then more developments.... maybe hight. BKS has all the fisability studies dones and is still 7 cens.... junior mining is just difficult