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Strategies & Market Trends : Beat The Street With SI Traders
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To: Claude Cormier who wrote (81681)6/18/2011 1:45:27 PM
From: loantech  Read Replies (2) of 233820
 
Hello Claude,
I own some RYG now am considering some others such as you have mentioned in your letter.

For instance one of those with abut 20 million shares out vs. 100 mill shares for RYG would as Rocket says go up much more with an initial discovery than RYG.

Can you throw out some guesstimates on RYG such as wouldn't they need to discover as much as 3.5 million ounces on Or Ida to move the stock from $1.80 to $5.00?

Thanks,
Tom
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