Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: 3 km From Golden Mile

Re: 3 km From Golden Mile

posted on Jan 12, 2008 10:10AM

slugbait21 wrote:

"10' foot wide  quartz vein contained in the same mag low as KXL's GM" and "results could realistically get the MC up in the range of KXL"

Just having some fun with numbers... :D

KXL:  88.2 M out @ $4.33 = $381.9 million market cap

SGX: 140.7M out @ $0.495 = $69.6 million market cap

Therefore, IF SGX was to reach KXL 'potential' (i.e. eauivalent market cap)... SGX would be trading at ~$2.71!  Giddy up.  

Excited by the KXL halt...  Having a GREAT weekend!

red911

P.S. Enjoy these exciting times.  Plays like this do not come around everyday!

Share
New Message
Please login to post a reply