Welcome to the Evolving Gold Free HUB On AGORACOM

Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.

Free
Message: Some thoughts about manipulation.

$700 x 1,000,000 = $700,000,000

$700,000,000/92,000,000 = $7.61

$7.61 x 10% = $0.76/share

----------------

Alternatively....

If you assume $100/oz which is in the ballpark for a takeover, for example:

$100 x 1,000,000 = $100,000,000

$100,000,000/92,000,000 = $1.09/share

----------------

I had a chance to speak with one of the EVG execs recently and he said that what they heard from people at the Denver Gold Forum is that the assumption is that there is probably 2MM ounces at RSH, based on the drill results to date. That would double the back-o-the-napkin valuations calculated above.

Share
New Message
Please login to post a reply