Re: Are we overvalued???......N... 07
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Message: Are we overvalued???
SAN CITY(BILL HARRIS)
11/6/2007 10:21:29 AM | No Recommendation | 280 reads | Post #16678199
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clarity : 
Bill mentioned that the formula used to calculate a rough share price
is exactly where SAN sits.He useses 20% of the 43-101 which is 1,700,000 div by 20% =340,000 x$1,000.=3,400,000 divide this by 200,000 mil shares and we get roughly a #1.65 share price.Sans 3 mil 43-101 works out to #3.00.Once this 43-101 report is released,we can expect alot of buying because the restrictions on funds will be lifted.A rough way is, every million 0z =$1.00 (FENG SHUI EAST WEST).
is exactly where SAN sits.He useses 20% of the 43-101 which is 1,700,000 div by 20% =340,000 x$1,000.=3,400,000 divide this by 200,000 mil shares and we get roughly a #1.65 share price.Sans 3 mil 43-101 works out to #3.00.Once this 43-101 report is released,we can expect alot of buying because the restrictions on funds will be lifted.A rough way is, every million 0z =$1.00 (FENG SHUI EAST WEST).
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