Post by
bigboy999 on Mar 17, 2021 3:33pm
Valuation
The rough per share value of gold based on what's been estimated at TC so far:
TUO - 27M oz X $50 oz / 45M shares out X .2 = $6.00 share
TUD - 27M oz X $50 oz / 173M shares out X .6 = $4.68 share
AMK - 27M oz X $50 oz / 379M shares out X .2 = $.71 share
Whether or not the value of gold in the ground changes and if at the same time the share count remains relatively constant the ratio of share value between the partners should remain about the same. This reflects only what has been discovered at TC so far and doesn't take into account what assets the partners have outside of TC. These assets present a very material consideration that needs to be considered when attempting a fair comparison. Personally I feel we're grossly undervalued, but I'm only one investor. Feel free to dispute my calculations and/or thoughts, makes for a good discussion.
............. BB
Comment by
Y_J on Mar 17, 2021 4:35pm
I noticed stockhouse shows 50M shares for TUO instead of 45M. If so, would reduce TUO value per share by around 10%. Also, is the $50/oz in USD? If so, there is another 25% increase to per share value.
Comment by
rusty111 on Mar 17, 2021 5:56pm
Sorry but s as simple question guys . Whys the previous posting from JS Research on this form have much higher valuations then yours ? ( $12.00 ) cdn range Thanks kudoos
Comment by
curtis111 on Mar 17, 2021 6:45pm
173,000,000shares 60% of 27 million ounces is 16,200,000 X65USD 173 million outstanding shares = $6.09 per share
Comment by
flashcash on Mar 17, 2021 6:54pm
Tudor has 60 % and we have 20 %
Comment by
curtis111 on Mar 17, 2021 7:02pm
Sorry, for some reason I thought I was writing on Tudor board. Why are you using 50 USD instead of 65 USD which is what was used in the sale of GT gold?
Comment by
curtis111 on Mar 17, 2021 7:02pm
Just thoughts, not criticisms
Comment by
BlueChipper2020 on Mar 17, 2021 10:22pm
Curtis111 Using 50USD or 65USD is just a barn estimate. For BB purposes. Don't take it to seriously. With good news from the FED today, I expect the POG leverage play to pick up. Then if you plug 75 or 100USD into the formulae you see how leverage works. TUO becomes a gold mine. No pun intended. Sprott is here for the leverage play. BC
Comment by
paydirtontario on Mar 17, 2021 10:35pm
Nice March 17th 2020 Teuton was trading @ $0.30 cnd . POG looks alive today