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12/04/07
15:22
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yeah this one is looking great, every day increasing in value.
borrowed this from another chat site
i agree on this one, i have been getting set for a number of weeks here.
EME has exploded, now trading at 8.14
again to reiterate what nizar has stated:
JRL owns
EME 10 million shares @ $8.14 = $81 400 000
EMEO 5 million options @ $7.50 = $37 500 000
URA 2.174 million shares @ $0.80 = $1 739 200
Cash $9 million
Without valuing any other JRL assets
Total = $129 639 200
JRL shares outstanding = 29,865,775
Value per JRL share = $4.34
This is not placing any value whatsover on any of JRL other projects. this value keeps increasing every day due to EME been significantly re-rated.