posted on
Dec 27, 2010 01:08PM
Developing Bellechasse-Timmins Gold Deposit
New Discovery Resulting in a 20KM Mineralized Gold Belt
Message: Re: 2011 - Siding with FANTOMAS on this one
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$5 - $15 per share. Can't see that happening. I won't rule it out because we don't know what the drill will go through next year, but 5 - 15? Very impossible.
$2 per share? That can happen. First, we need to see the 43-101 that someone has "alluded" to coming out sometime this spring, like in April or May. If there is a good solid foundation there, then with some good results coming out from Snow White, I think you may see this stock find a new bottom around the $2 mark. But, what happens at the $2 mark?
You do a financing at that point and raise $20 - $40 million and get 6 or 7 drills going on this property and how long before we get a "complete" 43-101 with a possible 100 million tons then? Oh, and we just may see a ramp going down to the hundred meter or so level to do a bulk sampling then. So, let's get to the $2 level sometime this year and get some real money into this play and get a bunch of drills happening and a ramp built. Then you may just see a share price in the $5 range. Believe me, if this stock hits $5 per share, it would be like hitting a home run, winning the lottery, watching your firstborn being born. I would be euphoric with a $5 per share price. Never mind those numbers being floated out higher. Just trying to keep things realistic here.
Just Dreamin'
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