If you thought the company shares were worth $2.50 last Friday with 169 million shares, today each one is worth $2.02 with 209 million shares. In previous CRs this calculation has actually been optimistic in predicting the level the sp went back to before again heading upwards. But it doesn't include a valuation of optimism driving people to 'get on board cheap' or pessimism to 'get out with their shirts while they can'.
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Ann: Company Presentation, page-15
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JAMES BAY MINERALS LIMITED
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Andrew Dornan
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