Exactly GB!  Thanks for posting this information and the other recent informative ones on the weekend.  Interestingly enough, your calculated evaluation doesnt even take into account (and it couldn't) the other assets held by GCU which can only improve the valuation. 

That is why I discount all of the negative doomsday posters who plague this board with nonsensical baseless dialogue and completely ignores the proven facts.  Market sentiment and other "questionable factors" cannot eliminate dirt and the deposits within it!  Stay long and stick to your powers of common sense as all of the factors surrounding GCU remain positive.  (all of course except the SP lol)