SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Walsh who wrote (10014)4/7/1999 11:56:00 AM
From: Scott Wheeler  Read Replies (1) of 14226
 
Bob, thanks for your interesting spreadsheet. I did my own somewhat rougher calcs last night and got very similar numbers. I used Global's (not Sabin's) best values from a few weeks ago, where I figured that there were $15K worth of goodies with optimal ore and extraction method. Then, I guessed that 3/4 of that would be eaten up in costs of various types, including normal overhead - so $3500 left x 50/day x 250 days/yr = $44MM/yr profit, nicely in between your $30MM and $50MM estimated range. Even if you halve that to $22MM to be extra conservative, at 32MM?? shares you're still getting $0.70/share. If you use another conservative (for mining stocks) PE of 30:1, you get a $21 stock. My guess is that it would be higher if dividends were distributed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News