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


To: Rocket Red who wrote (115554)5/23/2008 9:29:19 PM
From: riversides  Respond to of 313620
 
and might still be next week.....



To: Rocket Red who wrote (115554)5/25/2008 7:25:05 PM
From: ogi  Respond to of 313620
 
Thanks Rocket, not sure how the CPQ ride goes from here but if we ballpark 5 mil ozs here we are still only at a 280 mil mkt cap.
As continued expansion is pretty assured, open E.W.S. AND DEPTH, NORTH takes onto Penoles property and we know it gets there, I would think the evaluation would have to rise toward $100 oz and that means a minimum $10 target. Add my fantasies and that target gets much bigger :):)

Meantime nothing goes straight up, so when a little slide comes
I am not sure. I would be surprised if we don't get some DD holes this week coming. Then although they are already cashed up, do they take some cash, say 25-30 mil @ $5 a share in a bought deal?? Or, do they relax and make others salivate knowing their relationship with Silver Standard will back them (IMO)and they can continue to burn the drill stems and build the picture???

It will be fascinating!!

56 mil shares out, 63 F/D.,

Been without internet since I left the office Friday, just catching up.

Cheers,
Ogi