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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (35563)3/11/2007 5:51:23 PM
From: maxncompany  Respond to of 78416
 
"Hence the ginsu never sharpen knife"

Now I know where to place the blame for those damn commercials on TV.

:>)



To: E. Charters who wrote (35563)3/11/2007 6:12:14 PM
From: Metacomet  Read Replies (1) | Respond to of 78416
 
I really have no intention of parting with my Rox anytime soon.

Nor my CUU.

Nor my ETG.

Nor my CLL.

Just getting frustrated sitting on positions that can't seem to get a whiff of a realistic market valuation given the quantity of the resources they control.

Think I need to rethink how I evaluate what I buy.

Never could understand the TA approach. But fundamental just seems to get you heartburn....

I think you probably have some similar frustrations, no?



To: E. Charters who wrote (35563)3/21/2007 2:31:39 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 78416
 
86M a year cash flow. Capex? I would say 15 million, their end. 37 million shares. Much of that capex has to come back to them from the custom people. About 4.5 million at least.

Wow -- if these figures end up being right, Roxmark's at least a 10-bagger from here. With about 200 million shares out after that dilution, a 10-bagger would put their market cap at around C$350 million, which would only be about 4 times cash flow. We'll see if they can execute well enough to get there. I'll be pretty happy if they only get half way there.

In any case, with their pending TSXV listing, Roxmark should finally be able to get institutional interest and financing, and should be able to move pretty quickly to production on both the moly and the gold, not to mention their tungsten. The way gold microcaps and moly stocks have been on fire recently, there should be lots of interest in Roxmark once they're off the dreaded CNQ next month.