that resource/share price calculation was pretty useful.I have been trying it out. Is it applicable on its own to say... something like a KAL which I got on recently and they seem to be hotting up? they have about 1.4M oz with possible upgrade pending. paper is 128m. Share price leapt today from 18.5 close yday... to 22.5 today. Based on that method you mentioned they should be worth around 54c prior to anticipated resource upgrade. This is the only thread I have actually commented on but read the KAL thread which is littered with comments of it being grossly undervalued and perhaps the re rating is whats happening. Applying that val method would seem to suggest so. Any comments appreciated.
Gangsta
TMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
