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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (200254)6/5/2011 8:40:57 PM
From: LoneClone1 Recommendation  Read Replies (1) of 313113
 
Have you taken into account that

1) FVI just announced that they have begun production at San Jose without any problems, and have really sped up the timeline for increasing production;
2) Due to the nature of the deposit reserves and resources at San Jose are much higher than they seem because they were very conservative in their calculations;
3) they have almost $100M in cash and are accumulating more rapidly; in fact I expect them to buy someone else or get taken over within a year or two;
4) they have recently opened up a whole new area that looks very prospective at Caylloma.

It's not hard for me to see double figures before too long if the entire spec market doesn't collapse. The analysts all have targets between $8 and $9.

LC
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