Re: Getting excited!!!
in response to
by
posted on
Aug 28, 2013 09:11AM
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)
you said:
"How many multiples would you say, just take a guess, give me a star to wish upon. Do you think we would ever see $5?"
Not sure whether we'll see $5 a share again, who knows, it will take many factors that are out of anyones control to see $5 again. The main factor I do believe is our big investors, BAO and RCF. Don't quote me on these averages but I'm sure they're in at approximately $0.85 and $0.60 cents average respectively. You can bet we'll see a healthy premium from those levels. How much of a premium? No clue, only they know what they will let NOT go for, it's really out of our hands. The big investors hold enough NOT to dictate the final selling price. The only thing I know is that they will have to make money, so $1+ is certainly a conservative prediction IMHO.
I base my purchases and potential exit points on what I believe the big money will do. Options were just granted at $0.25 cents, so you can rest easy that these guys haven't been working for years for a simple double. The charts have finally turned upwards, news is expected anyday. This stock is known for dramatic runs. Enjoy the ride!
p.s. nice profile pic!
good luck,
djje