Post by
cupricity on Dec 09, 2020 10:18pm
3.50 copper
Downside is copper downside.
Currently SP has a copper price slide of about 50 cents baked and no value for florence.
Upside SP gets current copper price baked in and florence gets some value.
Todays copper price florence at 8 percent discount rate has an NPV of over a billion cdn. At a 2 percent discount rate that would be much higher.
GIbraltar is trading at 60 cents on the replacement dollar.
Proseperity has 150 million invested or 60 cents a share, today SP gives it no value.
Yellowhead and Aley are not worth mentioning but are still very valuable assets with 10s of millions invested.
10 bucks a share is not hard to see for this cowboy in the next 2 years or so. As long as we have low interest rates and the new green deal.
Comment by
fishmillion on Dec 09, 2020 10:30pm
Maybe 10.. but flo alone is 7$ so gib is .75 flo, np say is 1flo with a potential to be 6 flos, then aley 2 flos, the yellow at 7 flos potential, but say 1 flo for now.... at the low end we got 4 - 5 flos that's $35/ share..... high end 17 flos thats over $100/ share... do the math.....
Comment by
JoeStockIQ on Dec 10, 2020 2:37pm
And everyone here knows you don't believe any of this. So, the big question is, why would you put out $130+k cdn to buy 100k shares (taking into account fishy math) in less than 48 hours? You really like the swing environment that much after just dumping all of your initial lots? Do tell.