I compared the CSW news release-no typos,I assume with a post#6 on Thread=Jay Taylor's gold on a similar OPT figure called GMD resources at .056OPT as CLN is at .057 OPT . The confusion, for me is GMD ranges up to.16 & I would hope that the range given at CLN
is the AG figure(I do not know if this should be AU or is it something else?)to .4 AG. So disregarding the AG & only working back thru the Ore reserve and # shares outstanding and ann revenue interpolated at the different rates. I only get possible documented CLN reserve at
the mere 1500 feet documented as an indicated of SUSTANTIAL increase will be drilled & proven ( I put in a 4 fold factor) .I then get a figure projection on the Jay Taylor method at 12.60 future share price of GMD and for CLN a future share price of $2.00 . The current price that I used for CLN was .75 cents CDN and for GMD was $3.47(as it is today I just noticed is $5.00ish -both CND $)
So if the .4 OPT (AG)is as valuable as GOLD or is gold(as a TYPO) -the $2.00 a share projection could,IMHO-by this JT forcaste method, could increase sub-STANTIALLY. Silicia is the main compound in the ORE body mentioned and there appears to a new DEVELOPING possible wild card breakthrough in CALIF-AZ desert(SILICIA) sand plays that are just now receiving assay verification for methods that may leach ou 3-4 times the gold NEXT YEAR when,and if up-scalled to economic, when the processes are verified. I have not invested in NAXOS(NAXOF:BB) but read there news release of yesterday on thread. (read:IPMCF Thread, READ, GRIFFIN GOLD Thread, READ, MAXAM thread , read, KILO thread(avoid at all costs-IMHO-KILO GOLD ).
Thus , if AG is as valuable as gold $ 2.00 a share could go up to $5.00 to compare the .16 grade of OPT as the second range figure on the GMD article in post # 6. If new leaching is to become promanant in CA - Franklin Lake in Barstow or Nevada,County CA or Tepoca CA) then a 3 fold increse might in the future be documented in all ther desert plays of MICRO FINE GOLD!!
For CLN it might mean a share price of $ 15.00 (in about 3 years plus down the road -IMHO)
Where is this CA -CLN- on the map with the others??? Chuc
Remember , I am a novice at this and I do go on tangents once I strart doing figuring- I might of got it WRONG!!!!Your DD -not just on my DD. |
