Re: Q&A - mike1962
in response to
by
posted on
Apr 20, 2012 07:08AM
Fantomas,
I have to agree with mike on the math.
81.5M shares fd x $1.05 = A Market Cap of $85,575,000
Divide the Market Cap by the # of oz and you get value/oz.
so $85,575,000/3,774,000 = $22.67/oz