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: Cal Gary who wrote (200923)	7/15/2011 11:17:29 AM
From: Boolish	1 Recommendation Read Replies (5) \| Respond to of 313057

Yes I'm a little surprised PCY isn't getting more pull. They own 45% of NKL so the math isn't all that complicated. PCY has a much larger float though (near 200 mill)...and I think John Lee disappointed a few institutions with the promises on the coal project when it was trading north of a buck. I picked up the PCY yesterday at 65 so I'm even on it here. I'll see if it can hold above its 50 day. The coal project is still a pretty good one...a llittle positive news on that front and.....

To: Cal Gary who wrote (200923)	7/16/2011 6:10:25 AM
From: almita	Read Replies (2) \| Respond to of 313057

RE: NKL Sound Barrier :) Why not make it simple and assign $100 in situ for the indicated PGM+Au and $25 for the inferred? Sounds reasonable to me. Then you get $6.37 which is still a nice run from here at $2.22- almost a triple bagger in fact - based just on the PGM and Au, never mind the copper, nickle, cobalt, and the other properties: $100x1 Million ounces indicated/55million shares fully diluted and outstanding = $1.82 $25x10 Million ounces inferred/55million shares fully diluted and outstanding = $4.55 Total: $6.37 Close: $2.22