valuation, page-14

since you jumped on me for just suggesting there may not be a uranium shortage i thought i'd check out your other posts. all i can say is you must own a lot of shares to write this stuff.

I'll add this to the list of silly valuation techniques. someone compared peninsula to PDN and came up with a ridiculous value, then someone else decided extract was worth $99 by comparing price to sales with PDN. now banners is worth $5 huh... come on, at least talk your book believably. $2-3 would make fewer ppl spit their drinks out when reading this stuff.

extract has a higher value per pound because of:

* higher grades - twice as high and the gap is widening with z3
* 3-4 times deposit (banners might reach 300mlbs, exto could reach over 1 bill)
* potential to have the top resource in the world and control the market (banners has no hope of that)
* evidence of takeover interest (actual big players on registry instead of story writing on hotcop)

minus all that stuff and extract would be valued around banners level maybe a bit higher coz of quality management. there's upside in banners but be honest about it. the brokers estimate between 1.50-2.50... even assuming they use a lot of low guesses, $5 is way to high. no more misleading thanks. you can't have your cake and eat it too. ev is based on market cap and if market cap is so accurate then banners is already priced correctly. it's silly to tell us that the market knows best with other stocks and just has it wrong with banners. to prove that banners needs to show us the money baby. good luck with bfs doubt it'll back up your 5 buck val dude.