re: my calculations for anvil Flats,
It's not worth arguing with them-they don't want to understand that Anvil has a long-life asset package and is growing their earnings exponentially as they develop those assets.
IMO p/e is applicable to mining companies in this position and I'll happily go on calculating this to give me a basis of value for this business.
And the Canadians will end up telling us all that our valuations are far too conservative-just can't wait!!
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