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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (1887)11/6/2003 9:05:22 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Well, I think one thing you've ignored is the $272m capex (probably more like 300m) to build the mine. They will end up with a lot more than 25 million shares when it's said and done. Don't get me wrong, there might be a mine here (if, and ,if, if) , and if there is, CAU will have some good upside. And the Mexico target might offer some blue sky. But for someone (no matter how bright) to be hyping a price like 45 bucks or even ten (I thought ten might work when cash costs were $140, and posted that, but that's changed), caveat emptor.