Stone: It's All About How The Market Values Risk.
in response to
by
posted on
Nov 10, 2009 11:47PM
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Right now the market sees Tyhee as about as risky an investment as it viewed Romarco Minerals earlier this year. Then Romarco had about the same share price, about the same measured and indicated ounces, but an even higher number of outstanding shares, by about 100 million more than Tyhee's.
Then came Romarco's bankable economic study, a loan and positive permitting news and,
BOOM!......LESS RISK followed by A Twelve Bagger.
I'm not saying that Tyhee's guaranteed a twelve bagger. It could be even more. Who knows? With gold even higher, and the gold stocks higher as well, there's no saying where it could go next year. On the other hand, I think LOM's price target of 44 cents is too conservative, even if that's a four bagger. I expect more.
There's an old adage that goes something like, "The longer the base, the higher it's blast-off into space."
Fasten your seat belts and return you seats to the upright position.
Go Tyhee!
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