Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Logain Ablar who wrote (120912)	6/28/2008 1:53:20 PM
From: AuBug	Respond to of 312534

Yes I agree a coal deposit will get big and that's why I doubled up on my GXS.v shares last week. I just get concerned when a representative of the company says things that can't be backed up by NI43-101 quality data. I was looking at their slide showing the aerial photo of the July drill holes and the 2 discovery holes and at 3,600 m there's a lot of overlap. So, if you just take their rectangle it stills looks great: (17,000 m)(9,000 m)(22.6 m)(1.35 tonnes/m3) = 4.7 billion tonnes. Be conservative and use their 2 to 4 billion tonnes and 20.8 million shares FD and I get $97.5 to $195/share. I can't wait until more drill results come out. If it's CocaCoal then you can more than double that. I wonder what price BHP or Peabody will take them out? A claim map would be great. I thought WGF has one on their website.