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Message: Timing of Drill Results

Timing of Drill Results

posted on Dec 01, 2009 06:00PM

I am curious to as to what the various people on this Ontex forum think about the timing(when) of the drill results, their quality and their effect on the share price.

My personal feeling is that once the merger comes out the drill results will be released they will help to move the share price to a much higher level. In the newco I would say the share price will be and this is a conservative estimate: $1.50 by mid-year, $2.00 by the end of 2010 and $3.00 plus through 2011. Beyond on that if we keep getting good results and the newco is mining the gold: well the share price could go much, much higher.

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