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Message: Re:companies making news????? /pjgatz

I agree. Because there is so much unexplored land on their property, the 'reinvestment' opportunities for the company (and therefore growth potential) seem abundant. If you follow a classic 'future value of cash flow' model for the stock, it would seem that this current stock price is ridiculous. In essence, the stock is trading at a price that reflects only the value of the 'raw assets' of the company (break up value), with very little consideration for the 'almost-proven' resources shown in the ground...or the reinvestment potential.

Like 3x10e6, I don't think the stock should be at the $2 range, but it stands to reason that we should be closer to .10/share than .0076/share. Of course, I'm no stock analyst, so this is my opinion only.

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