Re: racquet364
in response to
by
posted on
Feb 24, 2008 06:44AM
The company whose shareholders were better than its management
I hear people leaning towards how great it would be to develop the mine ourselves...longer time frame...but quite a difference in what we get in return.
I'm trying to keep an open mind....
What valuation would you expect if we develop phase one ourselves in 3 years? (vs. an FDN sale I am assuming $25-$50)
What share price would ARU be at if we develop the mine ourselves?
Currently I'm not that impressed with valuation of the only other mine close to production in the area DMM.
safeharbour