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Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (81692)	5/25/2011 7:34:00 PM
From: Claude Cormier	2 Recommendations Read Replies (1) \| Respond to of 233820

Well 141M shares is fully diluted. On full dilution, they would end up with $110 millions cash (up from $70 million). You have cash for years of exploration, the best people, the best properties and one of the largest land position if not the largest, and very strong shareholders support with mining peolpe with a long term view. That spells much less volatility than one would expect from a $200M market cap with no gold resources yet. Granted, this is not leveraged like the SSH of this world. So it really depends what you want in your portfolio.