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Strategies & Market Trends : Ride the Tiger with CD

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To: Cal Gary who wrote (200923)7/16/2011 6:10:25 AM
From: almita  Read Replies (2) of 313057
 
RE: NKL Sound Barrier :)

Why not make it simple and assign $100 in situ for the indicated PGM+Au and $25 for the inferred? Sounds reasonable to me. Then you get $6.37 which is still a nice run from here at $2.22- almost a triple bagger in fact - based just on the PGM and Au, never mind the copper, nickle, cobalt, and the other properties:

$100x1 Million ounces indicated/55million shares fully diluted and outstanding = $1.82
$25x10 Million ounces inferred/55million shares fully diluted and outstanding = $4.55

Total: $6.37

Close: $2.22
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