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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: Shares Outstanding?? Is SPQ worth it?/weasel

Dec 05, 2007 07:38AM

Dec 05, 2007 02:19PM
1
Dec 05, 2007 02:59PM

" I agree with the logic. But the inference to a $10 share price from where we sit today is a stretch. NOT is @ 4.70 ??!? Based on what they have "proven" is in the ground. We are at .115. I am not bashing here but I don't want people to get too far ahead of themselves. There is a long road ahead and a $10 share price is just not conceivable in my imagination. Would love to see it but my DD right now tells me $2 would be wonderful. Just my 2 cents."

I agree with you. I just selected those numbers for a comparison. I think $2 would be just fine given the low SP folks got in at .... anywhere from .03 to .11 cents. Roughly a 20 to 60 bagger at $2 ... not bad.

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