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Gold/Mining/Energy : PYNG Technologies

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To: GBM who wrote (1536)3/25/1998 4:12:00 PM
From: the Chief  Read Replies (1) of 8117
 
Hi GBM. The value of Pyngs assets can be calculated on the basis of a patent and a market. If Pyng goes to the bank for a loan, they give them a business plan outlining their expected sales and costs etc. etc.

This is no different for the TSE. I am aware of many mining companies that listed with the TSE and valued "unexplored" land at a significant value to allow the listing.

Keep trying!!

the Chief
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