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Strategies & Market Trends : Ride the Tiger with CD

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To: UPTICK who wrote (203709)9/13/2011 11:12:01 PM
From: 31Floors1 Recommendation  Read Replies (1) of 313061
 
Yes there are a lot more warrants and my bet is they'll all be exercised. That said FD share count is 152 million so the FD market cap is $180m at $1.20. I just think it is a fine looking prospect generator with great management and a wonderful model. Apparently the Nevada royalties could generate upwards of $10m per year starting in about 3 years. I notice that TheSlowLane had a board on GPD and I'm sure he knows a lot more than I do. My avg cost is $1.10 thereabouts and I would like to buy more actually.
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