Re: NPV Calculation - share dilution - 1%
in response to
by
posted on
Jul 06, 2008 09:57PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I agree with what you say there, E. The problem is, SGR the investment is the properties it has NOW, so we have to consider the future value of those properties independently of any further acquisitions to determine a fair value for the shares today.
Your statement that they could fund further work from operational cash flow would indicate that those shares should be valued based on the current fully diluted float. Is that correct?
Thanks for the encouragement.
D.