Brunswick Exploration Inc V.BRW

What is FMV for 1 core speculative asset - no discovery?

[deepoil0808]

I want to ask a question to this board to understand your reasoning. 

In your opionion, what fair market value would you give to a company that has only one core asset in the lithium field and no discovery to date on its core asset?

Would it be $ 208 million?

From trending other lithium stocks on the TSX.V with only one core asset, valuations run anywhere from $ 20 million to $ 35 million, without a discovery.   So why would $ 208 million be correct?

Can anyone explain?

It was different when we were speaking of 20 lithium companies in one, as you gave $ 10 million market cap to each lithium companoy to arrive at $200 million.  But now we have one (1) core asset and not 20 core assets. 

Thanks

Good Luck, 

[Silversailor88]

Man that's gotta be a gut punch saying your selling right before a NR stating the potential Li trend is even further extended. But from one investor to another... be gone. Focus on your new investment. New investors will die their own due DD and if they look at your post history they'll see your quite eradicate and delusional.

[deepoil0808]

Best decision I made was selling BRW.  NILI.V closed today at $ 1.01 per share, almost DOUBLE from what I bought in at 55 cents initially. Difference between BRW and NILI is that, BRW is supported by hope where-as NILI is supported by a MONSTER DISCOVERY. Other difference:   BRW is overvalued and NILI is undervalued. So no punch in the stomach as I knew drilling was forthcoming