I agree 100% with you Rhinegold and speaking of v
Post# of 9903
I agree 100% with you Rhinegold and speaking of valuations, the following is an excerpt of a link by MoMoney4me1. I also think Stervc at one time had similar valuations for all the SRGE properties. I think we know that SRGE raised their A/S to 1.5 bil so let's assume with Novamex now controlling SRGE, they maxed that a/s out due to officers/insiders/Novamex obtaining shares from the last report 545 mil o/s up to the 1.5 bil max. $25 bil mining assets/1.5 bil shares = $16.66 per share book value of course less any liabilities. The following from MoMoney4me1's post......
"$SRGE/MSJ!! $I've just done a quick calculation as to MSJ's potential gold/silver estimated values in their Mexican mining properties.....over $25BN!!!!!!!!!!!!!!!!! And that is just Mexico! MSJ have Colombian and Canadian mines too by look of it!!"
MSJ max gold OZ's = 5,867,410 oz = $9,974,597,000
MSJ max silver OZ's = 5,436,682,288 oz = $15,766,786,352 ,
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