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Message: Re: Stock price
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Dec 16, 2009 09:00AM
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Dec 16, 2009 09:11AM

Dec 16, 2009 09:14AM
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Dec 16, 2009 10:03AM

I think that would be a minimum plateau after the financing is official. As long as the POG stays above $1000 and financing is done and no new risk are identified for Lamaque to come into production (delays are normal, I am talking about something putting the whole project in jeoperdy) at 50 cents we are talking about a company with a MC of 150M dollars that will be producing over 100k ounces of gold per year. MC on that should be north of 500M. Finskiy is on record as saying he wants production to reach 300k ounces per year so there is huge blue sky in this play.

Glorieux


Dec 16, 2009 11:19AM
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