macker:
i own a business worth over 3 million dollars and have set up, as a consultant over 23 clinics in 17 states, so i would say that i have qualifications in business,since the age of 24 too. i have a network of doctors over 150 strong across the usa that take my advice on business building past and present, thats worth something as well.
Ok, again parroting the Rocketeer line, how about some names, addresses, phone numbers so we can do our own "DD". Otherwise your statement cannot be validated.
However, If you are like me you value your privacy and such will not be forthcoming in a public forum. That is why the standard Rocketeer technique of insinuating that people who do not have a personal profile is so illegitimate, and is designed to deflect the conversation from the real issue.
to clarify, the usgs numbers verify a 2.85 book value as listed in their release, i have also called the usgs to verify the numbers that they have reported as being truth, they also stressed that their numbers are notoriously way low due to liability issues. if you take industry standards,...
I believe the claim of usgs validation has been refuted, or at least seriously called into question on this thread. However, assuming for the sake of argument that the usgs estimate of recoverable reserves are vastly understated, please refer to my post here:
exchange2000.com
which calculated the value of the company via a 'quick and dirty" discounted cash flow analysis.
see also:
exchange2000.com
exchange2000.com
Consequently, we have two of the three appraisal methodolgies (comparable sales and DCF) both indicating, even under the most favorable of circumstances, that this company was / is vastly overvalued by the proponents.
As for
..if you think that bb's are anymore than legalized gambling...
and
...make a pick that will bring wild gains, a bb stock. just for fun, you like fun dont you?
While you or I may be able to make a pick "just for fun," I do not know if that can be said for some, perhaps not even the majority of investors in BB stocks.
macker, have fun at RB and rocketeers.com. Meanwhile, I think I'm going to throw-up.
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