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Message: 2.91 share price excludes:

2.91 share price excludes:

posted on Nov 09, 2007 03:07AM

Taken from website, thought I'd share:

534,000 equity reserve ounces x US$ 382/reserve oz.
= US$ 204 million (potential Market Cap.)
= 3.5 x US$ 59 million (current Market Cap.)
=C$ 2.91/share(potential Castle Gold Share Price)
…and this excludes Latin American exploration potential as well as our acquisitive growth “value creation”strategy.

Can't help but to think we could triple even that conservative target.

Thoughts?

Barz

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Nov 09, 2007 09:47AM
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