Re: How juniors are being priced today..How to price SLI.
posted on
Mar 11, 2012 11:39PM
I was not aware brex had far less outstanding shares thanks for that. Also quite aware it was a fraud as I think everyone is ...and believe me I am more then aware we are waiting for further results lol. I was referring more to the fake deposit as comparable to what many of us believe to actually be in the ground on the Tesoro. I am aware it is speculation but without speculation who invests in a stock like this?
At that time of approx 280$/share for brex ..that would put us at approx 34$/share based on the same deposit size if all other relevant factors were identical of course. I'm ok with that considering gold was priced at a fraction of where it currently sits.