Dunno.... 2 pounds 8 pounds???? How much is KRY Share worth....
once again bob said:
1/3 of the gold is ours.....
production costs.... say $350 ( i have heard could be less)
Today's gold say $1100
So as bobby said... I am not gonna tell you what i think we are worth... you do the math.....
so, lets find out proper evaluation formula that companies use... anybody going to a gold show soon?
anyways:
$1,100 - 350 = lets say $800
lets say 7 million ounces.... = $5.6 billion....
divided by 500,000,000 shares.....
that works out lets say $11. and now.... lets discount for Political Risk..... 10% 40%? 60%???
any ways.... sounds to me we gotta be worth $5 - $6. at least.
WHAT IS WRONG WITH THIS MODEL???????
makes sence to me..... I have a challenging note in for John Ing's review....
lets see if he answers.... I may have to call him on this... but, I have challenged him on his $2. forecast.... and I want to know time lines....
I felt I was "genius" in my email strategy.... lets see if he thinks so? or just ignores me as another kry ignoramious.....
phil