howdy, ubetcha. don't come over here very often. do you recall the projections for BF? help me here.
as a note, the current operations are small, but intended to bootstrap us up to getting capital or jv partner to run BF.
someone posted long ago that BF would result in $0.05-$0.10 eps. I can't find the reference. maybe it was some private message. anyway, I do not even begin to claim it is accurate.
but, if in the ballpark, we multipled by 20/1 to 50/1, the p/e ratio of lots of operating companies. back then, the os was around 600m. today, 1.8b. gold was lower back then, on order of $500-600/oz.
adjust all this. low end. $0.5/share. high end, $2+/s. very rough. and I would divide by 2 or 3 to get more conservative.
regardless, when BF gets in operation, expect pps to get to $0.1 per share easily. I would gladly take that.
if you have the BF earnings projections, please post, or send privately. not sure dugger walked on the eastern ground. if successful as expected he will show up and claim he did! all this is just my humble opinion. steadyasyougo |