OGX 0.00% 0.3¢ orinoco gold limited

Ann: ORINOCO RAISES $12.1 MILLION IN SUCCESSFUL SHARE PLACEMENT, page-112

  1. 4,123 Posts.
    lightbulb Created with Sketch. 810
    back engineering eshys 16 cent value on the company
    not personal to you esh just thinking out loud

    thats a market cap of 150 million
    on a measly PE of 5
    thats a annual profit of 30 mill
    thats annual production of 30 mill oz or 2500 oz pm
    (assuming $1000 per oz profit...maybe right maybe wrong)


    No esh i think you are really wrong
    but thats ok you have to be happy with your strategy and set reasonable targets
    you won't lose money selling at 16 and who knows what can go wrong

    the company management also disagree with you and based on their stellar performance so far......im going with the A team not the E team


    in fact i bet you don't sell at 15 or 16
    this is easily worth twice that in the next 6 months
    go on ash stay around
    you know you want to
 
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