HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: The dreaded PP

Re: The dreaded PP

posted on Oct 29, 2008 09:43AM

D12, good reasoning, but I think the problem some posters mentioned is the following:

If a PP for 20 Million @ $ 1.00 is done, the company could be bought out for far less than your estimation of a $ 1.5 million or $10/share. Even @ $3.00 the pp'ers would make a huge profit. Take care - helium



Share
New Message
Please login to post a reply