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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: AuBug who wrote (10378)	4/15/2007 10:16:58 PM
From: TrueScouse	Read Replies (1) \| Respond to of 30225

DJE: <<It is in no way reasonable to value your assets at spot or to believe that your investors are so naive as to buy it.>> I agree. I noted in my post that I use spot as the starting point. The quick back-of-the-envelope approach I use is to take 10% of the in-ground value as a (hopefully) intermediate term market cap. It's worked well for me, although I've been denounced as an idiot on SI once or twice as a result! <g> But you've got to start somewhere, and the decision to invest sometimes has to be made in less than 24 hours. So you need some simple tools rather than a 100-page BFS. JMHO. Best regards, Howy