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!!