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
OGX Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held