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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: Rocket Red who wrote (9035)9/23/2006 1:01:43 AM
From: PaperPerson  Read Replies (1) of 19697
 
RR, you must be counting SKE's market cap for sometime next week when it hits $2.00 canadian a share, right?

Currently, SKE market cap is a svelte C$39 mill.
44.6 million shares out times c.87 per share.

If you are using fully diluted shares outstanding, as of Aug. 29 filing, those total 56.5 mill.
So on that basis, the market cap is C$49 million.

If you add the options granted sept. 5 to that, the fully diluted shares outstanding is 57.6 mill. On that basis, the market cap is an even C$50 million.

Michael
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