Seafield Resources Ltd V.SFF

Valuation

[pharmacist78]

From current SP:

.23 SP 

169mio$ mcap

11 Mio $ Cash

0.23*169 =38,87-11=27,87

27,87/2,9 Mill oz.= 9.6$/oz

 

Messured and indicated resources are usuaelly valued by 30$/ oz

Pretty nice Discount

[jewel9m]

What would be some reasons for 1/3 of the usual value?

[pharmacist78]

I can Tell u: people are still scared and do Not Trust the share price increase,while some People take their chances   Major Trust is coming back at .35 , i think good for them, who bought at .17

[IqaluitZen]

I believe your math is a bit flawed. Market cap isn't $168 million.   Market cap is only $38 million.

[IqaluitZen]

I believe your math is a bit flawed. Market cap isn't $168 million.   Market cap is only $38 million.

[IqaluitZen]

I believe your math is a bit flawed. Market cap isn't $168 million.   Market cap is only $38 million.

[IqaluitZen]

I believe your math is a bit flawed. Market cap isn't $168 million.   Market cap is only $38 million.

[IqaluitZen]

I believe your math is a bit flawed. Market cap isn't $168 million.   Market cap is only $38 million.

[mktwatcher1]

The 169 in the calc was the number of shares. This was multiplied by the sp of .23 to arrive at his market cap of 38.87 M.

[pharmacist78]

Exactly Sorry for mistake in declaration

[IqaluitZen]

I'm really sorry about the 5 posts....Thanks Stockhouse, keep up the __________ service. (Maybe allow people to delete their own posts?)