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Why HUI down 8 %????, page-36

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marri

2,397 Posts.

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16/12/16

11:22

Post #: 21386762
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Originally posted by CactusCoyote ↑

Marri... You remind me of the comex manipulators.... Very nice job at twisting my post on the NIU forum.

Here's a snipet of what I also stated in that post:
https://hotcopper.com.au/threads/au...047168/page-279?post_id=21288440#.WFMerfkrK00

"Edie Creek will be producing for many many years. The shallow Enterprise vein ensures this. At current Gold prices once producing 200oz per month it will see yearly earning of $3.7M AUD. Obviously there is great reason for the Gold price to strengthen once the reality of the world's political and financial circumstances set in.

Gold at $1800 AUD would give earnings of $4.3M AUD. Point here is that the mine will be profitable regardless of the short term fluctuations in the Gold price."

.................
As you can see I clearly out lined the earnings on the current Comex AUD Gold price at the time of $1550. Whist also outlining recent gold highs of $1800... Didn't know that was against the law?

So there is no problem there with my calculations.

Thanks for pointing out the excellent p/e returns investors of NIU can expect to see over the coming months however A p/e of around 2 compared to wall streets 29.... I know which option I'm taking.

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Let's see. NIU has a market cap of $8 million,a share price of 0.004 and turnover today of Zero. Just the stock one needs in this market.
1 Upvote

0 Great analysis

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Why HUI down 8 %????, page-36

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