BGL 0.39% $1.30 bellevue gold limited

me updates valuation to 25.5 cents a share, page-3

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    I notice the Micro Equities have 2.1 eps year ended 2011 on $10M revenue. We are saying 1.5 eps so with a couple more aquistions you think the eps year ended 2011 could be 2.5 eps on $12.5M revenue. On a PE of 15 which for a growth stock is conservative a potential market valuation of 37.5 cps.
 
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