Precious Metal Exploration

Focused on exploration and advancement of mineral projects in Peru

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Message: Re: The future
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May 18, 2009 12:31PM
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May 19, 2009 06:58AM

I thought that's what they t0ok with them. If I recall, there should be about 60m outstanding shares of MM. there shouldn't be any significant expenses, so a "back of the envelope calculation" says that MM should be valuated at $0.08 ($5M / 60M) (assuming no other tangible assets, which isn't true because they have properties in Mexico). Scary, though, that this SP compares to DRV's current SP.

Trainboy

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May 19, 2009 08:00AM
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May 22, 2009 05:58PM
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