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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: jennifersilversun who wrote (35365)10/24/2005 6:49:44 AM
From: TheSlowLane  Respond to of 314192
 
jss - a year or two? I don't think they are planning to stop drilling any time soon. So the next set of results is just the next set, not the last set! Also, they aren't drilling for the anticipated bonanza zone until spring, I believe. If they find what they are looking for, then we will have a much better basis to determine the value of this company. Also, a lot depends on what is happening with gold and the market for junior explorers. As we have seen, a rising tide lifts all boats and a receding tide can sink them like stones. CC says that even in a crappy market, significant exploration success can trump, but I think you get more of a tailwind in a good market. Anyway...we will see...

Paul



To: jennifersilversun who wrote (35365)10/24/2005 2:35:47 PM
From: dara  Read Replies (1) | Respond to of 314192
 
He calculated value at $6.00.

Message 21794056