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Strategies & Market Trends : Winter in the Great White North
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To: Frankly Speaking who wrote (7702)2/13/2011 5:09:41 PM
From: teevee   of 8273
 
Frank,
With the recent drilling success on a good land position with lots of locations, factoring in dilution from last private placement, I guestimate new NAV will also be around $6/share. Using 50% of NAV as a target, future growth aside, I see the share price getting to the $3.00 level without too much difficulty. If after another good well or two, RTK gets back on the good side of fund managers and finance to accelerate growth and then execute, in two years, RTK could be north of $6/share.
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