Agoracom: Small Cap Investment - St. Elias Mines - Re: Will we forgive more Calculations

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Will we forgive

Mopar408

Oct 29, 2011 01:33PM

Re: Will we forgive

spfunk

Oct 29, 2011 01:50PM

Re: Will we forgive more Calculations

BOW2U

Oct 29, 2011 02:49PM

longtime

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Re: Will we forgive more Calculations

in response to

Re: Will we forgive more Calculations

BOW2U

posted on Oct 29, 2011 03:12PM

Bow, wow by those numbers we would be....wait I'm calculating. Are you sure about that formula SP=Tons x g/t x 31.1 x $/oz divided by shares outstanding? Shouldn't it be SP=tons x g/t divide by 31.1 x $/oz divide by share outstanding? With these calculations and an assumption of 5grams/ton at a $/oz of 500. I come up with 3182 x 5/31.1 x 500/125 = $2046/share Does that seem right???

5 Recommendations

Re: Will we forgive more Calculations

BOW2U

Oct 29, 2011 03:22PM

Re: Will we forgive more Calculations

longtime

Oct 29, 2011 03:30PM

Re: Will we forgive more Calculations

longtime

Oct 29, 2011 03:41PM

Re: Will we forgive more Calculations

spfunk