Posted On: 02/21/2015 12:21:07 PM
Post# of 9903
As Stervc worked out, SRGE's assets two years ago were worth about $25bn.
I think someone's posted here (but can't remember who it was) an article saying that silver is quite likely to start getting used more and more in gold's place from the point of view of industrial uses as an electrical conductor as it's a lot cheaper.
So if the proven resources were already worth $25bn at 2012 prices and they've discovered more, and there are maybe 1bn shares (as I think there are) I can see SRGE selling for maybe as much as $2bn? Maybe possibly perhaps?
BMT - Posted this EXCELLENT post on Ihub on 24th June 2014.
If this works out we might see some amazing moves in the share price.
I think someone's posted here (but can't remember who it was) an article saying that silver is quite likely to start getting used more and more in gold's place from the point of view of industrial uses as an electrical conductor as it's a lot cheaper.
So if the proven resources were already worth $25bn at 2012 prices and they've discovered more, and there are maybe 1bn shares (as I think there are) I can see SRGE selling for maybe as much as $2bn? Maybe possibly perhaps?
BMT - Posted this EXCELLENT post on Ihub on 24th June 2014.
If this works out we might see some amazing moves in the share price.
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