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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ditchdigger who wrote (6880)2/18/2005 4:58:22 PM
From: Gulo  Read Replies (2) of 23958
 
BMD.v/BHMNF has been a decent pump&dump since it started with their migrating gold theory. The limestone quarry is perfectly legitimate in comparison.

However, has anyone really thought about how much Birch Mountain's limestone quarry would be worth? Does it justify a $300M market cap? Will the company actually make $30M/y profit to justify the market cap? Will they even have $30M in sales at full capacity? Would you pay $300M for what BMD has? I wouldn't.

-g
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