Valuation, page-46

you are correct Tibbs...that market values the stock....but the market needs some date to value it.
I like to use times earning or asset base.

I'd like to know what people are valuing this at after our sales.

I'm thinking 30 mill of earnings by mine life which is the great unknown here.

so a complete guess would be 30 x 10 (guess at mine life)=300 mill market cap which values us at about 40 cents.

Any other considered thoughts out there?