BGL 1.13% $1.31 bellevue gold limited

Will the SP go sub $1 again?, page-296

  1. 10,428 Posts.
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    by x6 multiple are you saying thats what BGL PE ratio will be ? umm, thats very low for a gold producer, i think you should re caluclate using a PE ratio of 20-25 for a growing gold producer.
    if you think BGL will have a market cap of $1.6billion when in production on a PE of 6, i think its more likely to be trading on a PE of 18, thats $4.8billion market cap , thats a $6 stock price from what i see now if all goes to plan, thats without any further upside exploration success.
 
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