proper valuation less than 25 a share, page-4

celica....you are way too smart for me to be hanging around!! :-) So my answer from now on is..............
"Whatever Celica says!"

But to actually examine what the real value of the stock is one does need to take into consideration the other projects. With Lewis ponds and the tailings, they will hopefully have some cash. Secondly that there is already a mine at Woodlawn and the infrastructure is there, reduces the cash needed. So Im not so sure that dillution is going to be that big of an issue.

When I first ran the calcualations I put a SP value of $20.00 ........... time will tell.

One thing for sure is....it is worth more then a buck!!!!!