Post by bluediamonds on Jun 19, 2004 20:06:08 GMT -5
CMKX: DeBeers land is valued at $700,000 per acre
Re: CMKX's Next Hurdle! Not to bad!
« Reply #13 on: Today at 09:34am »<br>by DrDiamond
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King for a day is correct! I missed a zero!
The acreage right now would be valued at 250 dollars per acre!
This isn't even close to having an intrinsic value placed in this land! I want rehash - "Intrinsic value defined" that I posted earlier, but lets put this in perspective!
Comparitively speaking DeBeers land is valued at $700,000 per acre for 58,000 acres! CMKX is valued on the market as $350 per acre for relatively the same land masses with the basically same intrinsic values! (I didn't say market value)! They have the same inherent qualities thus possessing the same potential!
How would you like to get some of that acreage for $350 per acre. Ooooops! I forgot! We already have 1.4 million acres!
Dr.D
FROM NEW CMKX BOARD at: cmkxdiamonds.proboards28.com/index.cgi?board=rumors&action=display&thread=1087573151
Re: CMKX's Next Hurdle! Not to bad!
« Reply #13 on: Today at 09:34am »<br>by DrDiamond
--------------------------------------------------------------------------------
King for a day is correct! I missed a zero!
The acreage right now would be valued at 250 dollars per acre!
This isn't even close to having an intrinsic value placed in this land! I want rehash - "Intrinsic value defined" that I posted earlier, but lets put this in perspective!
Comparitively speaking DeBeers land is valued at $700,000 per acre for 58,000 acres! CMKX is valued on the market as $350 per acre for relatively the same land masses with the basically same intrinsic values! (I didn't say market value)! They have the same inherent qualities thus possessing the same potential!
How would you like to get some of that acreage for $350 per acre. Ooooops! I forgot! We already have 1.4 million acres!
Dr.D
FROM NEW CMKX BOARD at: cmkxdiamonds.proboards28.com/index.cgi?board=rumors&action=display&thread=1087573151