Disconnect
posted on
Sep 18, 2012 12:57PM
The small retail speculator has completely ignored the value at $0.075 or $0.08. All the posters here are not willing to go out on a limb for more shares at this time. Hmm.......Why is this so we ask ourselves. Could it be the inherent risk involved at this stage? Upon permitting / financing there should be a pop up in the SP. Whether the SP will sustain the value, we shall see. The true value occurs when the ore is mined and milled. Any increase in value prior to this can be attributed to speculation as many obstacles remain. It is true that many stocks have shot up multiples upon great news. We are entering interesting times. I am still long but have a more realistic time frame that is not shared by many here. Hey, it's a free country so they say. This rosy picture only applies to a go it alone venture. All bets are off on the other outcomes. Let's hope you do not have to bend over at the end of the day to satisfy the institutional capital. I correctly foresaw the effect of the FS on the SP. It should have been no surprise to anyone in the mining finance field. I guess we do not have those amongst us. Cheers, Woody