lukesdd, page-8

Using the same technique on upcoming miners.. My current valuations expected by 2009/10 (assuming targets are reached).

CUO=$4.90 (300% gain with low risk IMO)
TGF=$2.70 (493% gain with speculative risk IMO)
EQN=$6.90 (36% gain with some risk IMO)
HGO= $3.80 (795% gain with some risk IMO)
MON= $2.00 (670% gain with risk due to ramp up time)
AIM= $1.18 (372% gain with some risk due to africa? IMO lol)

(personal risk obviously varies) Plus there are a lot of lower figures on companies but this is just a few.

I would say allow for 30-%100 error on figures as you have no idea on actual figures really + companies can over / underestimate targets and debt etc.

So with very limited information, you can sort of see how much risk/ reward there potentially is. Also patience is a virtue.

I am willing to accept criticism haha, try and make it constructive ;)