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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Rocket Red who wrote (1512)11/3/2003 9:01:37 PM
From: Letmebe Frank  Read Replies (1) of 16214
 
Red, I've got my DNN stake on the block at 1.25. Do you see it flying through it? In terms of market cap, what would be a fair range for the stage DNN is at?

If you go the DNN summary page at diamond play...
diamondplay.com

Go to the IPV chart under other info. John Kaisers range of caps for companies in the "micro diamond test phase" is between 15 - 100 million. DNN has a cap of about 25 million. Given the good results to date, perhaps we should be at the upper end of this range - say 75 mill, or about 3 bucks a share. That seems a bit steep, compared to its peers out there. I may raise my bid, as there may be some results that add new excitement.

LMBF
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