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Yes. There is a huge presence of shareholders on the Stockhouse.com boards. Things are getting very interesting with Mr. Webb focusing efforts on Big Sky.
It really looks like they might become a target for aquisition.
The big major producers out there are looking to expand their resources and buying out small juniors like Tyhee is the best way to do that. They want to buy the juniors before the juniors do all the groundwork and prove up all their ounces.
How large will the offers come to Tyhee? How strong will Tyhee stand to prove more resources and drive up the cost of aquisition? It will be interesting.
Tyhee announces $12.5 million private placement
http://www.newswire.ca/en/releases/archive/November2007/09/c6335.html
VANCOUVER, Nov. 9 /CNW/ - Tyhee Development Corp. (TSX Venture, TDC) (the
"Company") has engaged Loewen, Ondaatje, McCutcheon Limited ("Loewen
Ondaatje") to conduct a brokered private placement to raise, on a best efforts
agency basis, up to $12.5 million through the issue of up to 10,000,000 common
shares which will be designated as flow through shares (the "Flow Through
Shares") for the purposes of the Income Tax Act (Canada), at a price of $0.75
per Flow Through Share, and up to 7,692,307 common shares at a price of $0.65
per share which will not be sold on a flow through basis (the "Common Shares"
and together with the Flow Through Shares, the "Shares"). Loewen Ondaatje has
been granted the right to over-allot the private placement by up to 10%
(1,769,230 Shares). Loewen Ondaatje will be paid a cash commission equal to 7%
of the proceeds of the sale of the Flow Through Shares and 6% of the proceeds
of the sale of the Common Shares. In addition, Loewen Ondaatjie will receive
warrants to purchase such number of common shares of the Company as is equal
to 4% of the number of Common Shares sold, exercisable for a period of 15
months following the closing at a price of $0.65 per share. Closing of the
private placement is scheduled to take place on or about December 4, 2007, and
is subject to the completion of subscription agreements with the investors and
the approval of the TSX Venture Exchange
I have to hope Webb would stand strong when the buyout offers start to come in. Jim Puplava this week was talking about how the majors are now much more interested in taking out pre-production companies with close to 2 million proved ounces and positive blue sky potential to decrease their costs of aquisition, rather than wait till that same company proves up 4 million ounces, ie.
There is speculation that they might have I think up to 14 million ounces there on the property. That would be great if true. Keep drilling!
So Mr. Webb, stand strong, expand your projects, keep the drills going, prove up blue sky and show us 5-10 million more ounces!!!!!!
Starting to look like Tyhee could become a target for buyout much sooner than later
How juniors work (GREAT Explanation)
---------------------------
However, before getting into the specifics of each company, we wanted to spend a moment and address the various phases through which a would be junior mine must pass. First, and most obvious is the exploration phase, where a company raises money and then goes out obtains necessary permits, and then moves through a long process of preliminary assessment, which includes soil sampling, aero-magnetic fly-over’s, trenching, -- all designed to give the geologist an idea where to drill. After a lengthy period of preliminary work, the company gets set to drill its property in the hopes of making an important, economically feasible discovery.
For investors, where drills are turning, there is potentially money to be made as positive drill results for a company in early exploration stages can often have a potent bullish affect on the shares, and vise-versa. Assuming a degree of success during the Initial Discovery Phase, the share price has normally experienced an important advance, sometimes where hints of a major discovery are seen, this can border on a parabolic move. However, inevitably there is a post Discovery Phase let down, where the company needs to raise more money, (depressing the share price) in order to get ready to continue more drilling. Once an ore body is initially discovered, much of the drilling work then focuses on delineating the ore body by poking drill hole after drill hole into the deposit to get a better idea of the actual dimensions, height, width, depth etc.. During this time, much of the initial hype has worn off, and the process of in-fill drilling often may not add a great deal of “new” information. During this period, investors may sell the news, and look to take profits and move on to the next exploration candidate.
On occasion, in very rare instances, where a huge discovery has been made, such as in recent years, Bema Golds -- Kupol Project in Russia (now part of Kinross), the process of in-fill drilling saw the deposit continue to grow in quantum fashion, extending the deposit to great depths, during which time the share price continued to advance -- so there are times, where the initial discovery ‘hang over’ can be delayed and postponed. Inevitably, there comes a time, where the bulk of positive exploration news has been seen, and the company must start the long process toward moving the project to become a producing mine. During this period, the share price enters a ‘gestation’ phase where the company goes through a copious effort to design a mining model, and evaluate the potential economics of how to best build the mine. What the industry calls, “Resource Calculations” and “Scoping Studies” are commenced and completed, with these reports telling management how many economic ounces of whatever mineral (gold, silver, lead, nickel etc…) they have (Resource Calculation), and how best to construct the mine?, can it be profitable? (scoping study), it is an open pit operation?, an under-ground mine?, will it use “a decline” to get started?, an infinite number of nuisances are addressed during this time.
Some of these latter questions, which always involve the presence of large engineering firms, seek to pin down still further questions, what will be the cost of operating the mine? How much will the company need to pay for labor and the energy needed to run the mine ? What other capital costs will be necessary, building of roads? Conveyor belts for Ore ? How easy will it be to process the Ore? Does it need to be crushed ? These are all questions that get answered during the Gestation Phase and the Feasibility Phase. During most of this time, stock prices tend to consolidate with little in the way of fresh news to build enthusiasm. Following all of the Feasibility studies, the company must then usually raise more money, dilute the shareholder, and get ready to build the mine. This is the construction phase. Initially, a lot of stocks move lower during this phase as the cost of raising the capital to put forth the construction efforts weighs down the stock price. However, as progress begins to be seen, and the company moves closer to a point where the project/facility is going to be placed into commercial production, at that point, the stock price normally begins to strengthen once again, in anticipation of future revenues. In the stock market, producing companies are accorded much higher market capitalizations as they now have the ability to convert ounces in the ground to cash flow and earnings. By far and away, the best time for an investor to consider an Junior mine is during this period when the company is getting ready to enter production.
From an investors point of view, once a company has a well delineated ore body, and is through the seemingly endless vagaries of pre-mine production and development, the benefits of what has been several years of work by company management begin to flow with the pouring of the first ounces of metal, with the stock price always anticipating this event. Once a company is in production, it now has the cash flow necessary to self fund, or at least usually begin the next project, and thus, the cycle of growth begins. With good management and some luck, as the mining business is fraught with risks (cave in’s, rock slides, tailing pond breaks, bad weather, labor disputes, environmental accidents), the company could be set for a prolonged period of positive returns and rising earnings, reflected by a rising stock price. What happens to a company that has been successful and managed to grow several projects into production. Occasionally, exploration success at the tip of the drill but is so striking that a company will find a large resource and grow itself into a major producer. However, a far more common out come, is the take-over bid, where smaller and mid-sized companies are simply rolled up into already large mining companies. For the investor, the take-over offer makes the sell decision quite easy, and normally, in a metals bull market, the best returns are found by rolling capital out of majors and plowing it back into emerging growth companies.
For a quality junior, the take over potential begins once a high degree of feasibility work has been achieved. At that point, the company becomes fair game for any major on the prowl for more reserves. In today’s market, of the big Gold majors, Goldcorp, Barrick(Placer), Newmont, Anglo, Goldfields, only Goldcorp is growing its reserves which means all of the others are on the take-over prowl. In our portfolio recommendations, we have placed an emphasis on a high degree of ore body delineation as once a company has an economic resource there is a lot more to fall back on if the unexpected should happen, lower metal prices, an operational set back etc… Having a well delineated ore-body, especially in the gold area, more than 3 million ounces in the ground, will very often raise the companies take over profile by a quantum degree. In our list, names like Miramar, Eastplats, First Majestic, Silvercorp, Minefinders and IAM Gold, all are in the sweet spot for ‘buy out’ potential.
In our approach to selecting secondary emerging mining companies, we place a heavy emphasis on a number of key elements, including the longevity and experience of management, the companies access to financing, and the location of any potential mine. Among the various places a company can find gold, any number of them pose huge environmental, or geopolitical risks. As a result, as in all real estate investments, where mining is concerned, since you can’t move a mine, the phrase “location, location, location” is paramount.
How juniors work (GREAT Explanation)
---------------------------
However, before getting into the specifics of each company, we wanted to spend a moment and address the various phases through which a would be junior mine must pass. First, and most obvious is the exploration phase, where a company raises money and then goes out obtains necessary permits, and then moves through a long process of preliminary assessment, which includes soil sampling, aero-magnetic fly-over’s, trenching, -- all designed to give the geologist an idea where to drill. After a lengthy period of preliminary work, the company gets set to drill its property in the hopes of making an important, economically feasible discovery.
For investors, where drills are turning, there is potentially money to be made as positive drill results for a company in early exploration stages can often have a potent bullish affect on the shares, and vise-versa. Assuming a degree of success during the Initial Discovery Phase, the share price has normally experienced an important advance, sometimes where hints of a major discovery are seen, this can border on a parabolic move. However, inevitably there is a post Discovery Phase let down, where the company needs to raise more money, (depressing the share price) in order to get ready to continue more drilling. Once an ore body is initially discovered, much of the drilling work then focuses on delineating the ore body by poking drill hole after drill hole into the deposit to get a better idea of the actual dimensions, height, width, depth etc.. During this time, much of the initial hype has worn off, and the process of in-fill drilling often may not add a great deal of “new” information. During this period, investors may sell the news, and look to take profits and move on to the next exploration candidate.
On occasion, in very rare instances, where a huge discovery has been made, such as in recent years, Bema Golds -- Kupol Project in Russia (now part of Kinross), the process of in-fill drilling saw the deposit continue to grow in quantum fashion, extending the deposit to great depths, during which time the share price continued to advance -- so there are times, where the initial discovery ‘hang over’ can be delayed and postponed. Inevitably, there comes a time, where the bulk of positive exploration news has been seen, and the company must start the long process toward moving the project to become a producing mine. During this period, the share price enters a ‘gestation’ phase where the company goes through a copious effort to design a mining model, and evaluate the potential economics of how to best build the mine. What the industry calls, “Resource Calculations” and “Scoping Studies” are commenced and completed, with these reports telling management how many economic ounces of whatever mineral (gold, silver, lead, nickel etc…) they have (Resource Calculation), and how best to construct the mine?, can it be profitable? (scoping study), it is an open pit operation?, an under-ground mine?, will it use “a decline” to get started?, an infinite number of nuisances are addressed during this time.
Some of these latter questions, which always involve the presence of large engineering firms, seek to pin down still further questions, what will be the cost of operating the mine? How much will the company need to pay for labor and the energy needed to run the mine ? What other capital costs will be necessary, building of roads? Conveyor belts for Ore ? How easy will it be to process the Ore? Does it need to be crushed ? These are all questions that get answered during the Gestation Phase and the Feasibility Phase. During most of this time, stock prices tend to consolidate with little in the way of fresh news to build enthusiasm. Following all of the Feasibility studies, the company must then usually raise more money, dilute the shareholder, and get ready to build the mine. This is the construction phase. Initially, a lot of stocks move lower during this phase as the cost of raising the capital to put forth the construction efforts weighs down the stock price. However, as progress begins to be seen, and the company moves closer to a point where the project/facility is going to be placed into commercial production, at that point, the stock price normally begins to strengthen once again, in anticipation of future revenues. In the stock market, producing companies are accorded much higher market capitalizations as they now have the ability to convert ounces in the ground to cash flow and earnings. By far and away, the best time for an investor to consider an Junior mine is during this period when the company is getting ready to enter production.
From an investors point of view, once a company has a well delineated ore body, and is through the seemingly endless vagaries of pre-mine production and development, the benefits of what has been several years of work by company management begin to flow with the pouring of the first ounces of metal, with the stock price always anticipating this event. Once a company is in production, it now has the cash flow necessary to self fund, or at least usually begin the next project, and thus, the cycle of growth begins. With good management and some luck, as the mining business is fraught with risks (cave in’s, rock slides, tailing pond breaks, bad weather, labor disputes, environmental accidents), the company could be set for a prolonged period of positive returns and rising earnings, reflected by a rising stock price. What happens to a company that has been successful and managed to grow several projects into production. Occasionally, exploration success at the tip of the drill but is so striking that a company will find a large resource and grow itself into a major producer. However, a far more common out come, is the take-over bid, where smaller and mid-sized companies are simply rolled up into already large mining companies. For the investor, the take-over offer makes the sell decision quite easy, and normally, in a metals bull market, the best returns are found by rolling capital out of majors and plowing it back into emerging growth companies.
For a quality junior, the take over potential begins once a high degree of feasibility work has been achieved. At that point, the company becomes fair game for any major on the prowl for more reserves. In today’s market, of the big Gold majors, Goldcorp, Barrick(Placer), Newmont, Anglo, Goldfields, only Goldcorp is growing its reserves which means all of the others are on the take-over prowl. In our portfolio recommendations, we have placed an emphasis on a high degree of ore body delineation as once a company has an economic resource there is a lot more to fall back on if the unexpected should happen, lower metal prices, an operational set back etc… Having a well delineated ore-body, especially in the gold area, more than 3 million ounces in the ground, will very often raise the companies take over profile by a quantum degree. In our list, names like Miramar, Eastplats, First Majestic, Silvercorp, Minefinders and IAM Gold, all are in the sweet spot for ‘buy out’ potential.
In our approach to selecting secondary emerging mining companies, we place a heavy emphasis on a number of key elements, including the longevity and experience of management, the companies access to financing, and the location of any potential mine. Among the various places a company can find gold, any number of them pose huge environmental, or geopolitical risks. As a result, as in all real estate investments, where mining is concerned, since you can’t move a mine, the phrase “location, location, location” is paramount.
Hopefully they'd take the influx of money and put more drills in the ground to expand their resources.
Ive seen people throw around the $100m figure.
Different strokes buddy. One says too many PR's, the next says they like being kept in the loop.
The minute they stop the PRs is when the next joe schmo complains about not getting any info from the company.
Its a pointless topic. Let them report or not report. The project is what matters.
It's like blaming the 1986 Cleveland Browns for not winning the 2006 SuperBowl
She's a beaut!
D & R
GB pwned you
Don't get your hopes up. Best case scenario is good news. Dont expect 100 baggers overnight. Slow and steady wins the race.
Look forward to next year, not next month. Just my opinion.
Oh nelly are we ever getting close! Good things come to those who wait!!! I can barely even wait to see what this place is going to look like a year from today.!!!!
You repeat those 3 words, death spiral financing, SO freakin often it's almost as if you have a clinical condition of Scaryonameaphobia. Honestly, why can't you stop repeating those words? Are you so struck by the scary sounding tone of it that you're just totally walking around in a zombie-like state repeating it?
Forego the terror that the name envokes into the deepest recesses of your soul and realize that it's just a financing technique. There are a trillion shady types of financing and I happen to think convertible financing isn't as risky for a mining company, given the fact that there aint much to mining. Rocks in the ground worth money, get the rocks out, you got money.
Now convertible financing to fund an internet company, or some other wild-eyed tech company........PROBABLY a horrible idea given the fact that their "product" will probably never penetrate the market to create revenue.
But with mining, the market is already set to buy your product. So again, the downfalls of convertible financing are pretty fairly offset when all you gotta do is dig up rocks and sell rocks for money.
Have you considered this? Will you now consider it? Or will you continue in your repetitive hysteria?????
What a bunch of bush league brains we have around this place. Sheesh.
MR JACOBS
Just repeating what I've heard from a lot of different sources...
Ive heard estimates between 100 million to 300 million dollar market cap
Ray Brown's timing... a great read... get ready to nod your head as you read
----------------
"In an excellent article entitled "Pacman, clicks and bricks", Jim Puplava correctly points out that during the late 1990's and early 2000's, the major gold producers largely expanded their ore reserves through acquisition of smaller companies holding what were perceived to be good existing or new mining projects or developments.
Whilst all this was in progress, companies ramped up their production to the maximum sustainable by individual operations to in order to optimise "economies of scale" through decreased operating costs, and have, therefore, maximised their profits. The result of this has been to reduce the life of large to world class sized ore bodies to a matter of a few years.. Any experienced gold exploration and mining geologist knows that the mining companies now face a big dilemma -----> How are the worlds leading mining companies going to replace the gold resources they are consuming at an unprecedented production rate?
The lead-time to development for a 3 to 5 million ounce gold deposit is from 7 to 10 years depending on location, environment and country.
As Jim Puplava again correctly points out, weak exploration expenditure over much of the last decade has resulted in the discovery of very few new major gold deposits to replace the depleted reserves. In fact, it is now becoming increasingly difficult to discover world - class gold deposits with reserves greater than 10 million ounces of gold. Production in traditionally safe and politically mature countries, with the exception of the USA, is set to decline.
As Jim Puplava points out, the alternative for the major gold producers is to use their large financial resources to continue to buy junior to middle rank exploration / mining companies, which have substantial proven or potential resources. This "Pac Man" mentality is likely to develop into "all out scramble" in the coming years as the gold price continues to appreciate and accelerate in value, with all that that means for the valuation of junior mining stocks.
Those juniors sitting on good exploration ground with a relatively low business and political risk profiles will be acquired at large multiples over their current market valuations."
Repeat: Those juniors sitting on good exploration ground with a relatively low business and political risk profiles will be acquired at large multiples over their current market valuations
Again: Those juniors sitting on good exploration ground with a relatively low business and political risk profiles will be acquired at large multiples over their current market valuations
One more time: Those juniors sitting on good exploration ground with a relatively low business and political risk profiles will be acquired at large multiples over their current market valuations
$100+ million Money Managers who own UNICO---
Albion Financial Group/UT
Parsec Financial Management/Inc
Regentatlantic Capital LLC
Check their SEC filings for Form 13F.
(Form 13F = An SEC reporting form filed by institutional investment managers in accordance with the provisions of section 13(f) of the Securities and Exchange Act of 1934, which states that all institutional investment managers who are managing over $100 million on the last trading day of any month of the calendar year must disclose their holdings on a quarterly basis.)
If you own a share in a gold mine where the costs of production are $300 per ounce and the price of gold is $600, the mine's profit margin will be $300. A 10% increase in the gold price to $660 per ounce will push that margin up to $360, which actually represents a 20% increase in the mine's profitability, and potentially a 20% increase in the share price.
Gold on the move is wonderful.
Shakunetsu Hadouken!!!!
hey igor...its alive!
Derb/crew
So, you believe the story told by non-existent pictures in a random message board post..
But you DONT believe that any of the pictures in the PR's amount to anything.
Why isn't there ever a middle ground with you?
"Keep the outstanding shares in the 2 to 3 billion range while at these low levels."
Back on August 11, 2006, Unico did a reverse split of 1:100. I can now easily theorize that the present dilution since that split was the master plan that was intended by management. The idea was to raise money with the use of stock and take the outstanding stock back toward the 5 billion that is authorized by law but to try to halt it well before that mark. Although this may all sound negative, it is actually a positive. The stock had been trading well above 10 cents prior to the year 2004 without much prospect of an objective plan. Now, the company does have an objective plan which is to work the acquired property in Utah for gold and other minerals. This means that an eventual upward rise to above 50 cents is actually management's objective. This stock was able to support this type of capitalization once before and should easily support an even greater capitalization if progress is made at the mines. Levels of over 30 cents per shares can be achieved even if profits are never achieved. It does become important to keep the outstanding shares in the 2 to 3 billion range while at these low levels. Stock prices will always go to extremes at times. All it takes is some sort of revenue from sales, and this we will find out soon with the start of the mining mill. The name of the game is always in picking the sell point. Most of the investors in this stock will most likely not be in this for the longer term. Every rally that occurs will see people getting out and new people getting in. I would venture to say that not many of the current holders will ride this to the ultimate top.
http://www.worldenquirer.com/id14.html
DownOn:
Can you honestly not differentiate between non-investors and chronic, day-in-day-out bashing by those who have made it their life's work to commentate on a message board of a stock they have no position in?
Regret is a personal state. It seems as if the bashers here want to apply their own regret to current Long shareholders. It just doesn’t fly.
Some assume this company cannot succeed whatsoever.
Some assume this company cannot fail whatsoever.
However, there's a big difference in those who are hopeful about their investment and speak hopefully and positively about it, compared to those who spew nothing but negativity...it is sufficient to say that those people who hate this company do not own shares, and thusly raises questions about their motivations.
The lead-time to development for a 3 to 5 million ounce gold deposit is from 7 to 10 years depending on location, environment, country, and funding.
TechKim, I have a feeling that this topic keeps getting repeated over and over again because it has a scary name.
Companies dillute to finance operations. We know. It's not a super duper secret. It's part of the puzzle when making your choice to put money on the table or not.
Besides, this is absolutely the same thing that the FED does to the nation's money supply. They dillute the buying power of our dollars....a true hidden tax on the American people... and no one gives a flying turd about that!
Thanks for the Ride Lady!
Hey Lady! Thanks for the Riiiiiiide!
Who else misses Ohgeez?
Howdy.
tremendous!
Yes, I am with you. Of course that is the end-game for all investors here.
Speaking of mineralization PR, this one just came out on what could turn out to be a 20-30-40 bagger
http://biz.yahoo.com/cnw/070802/tyhee_nicholas_lake.html?.v=1
Someday UNICO PR will look like that, let's hope.
Your exact sentiments, as well as this whole situation, were elaborated upon by a very high profile fund manager in his weekly radio show a few weeks ago...
Give it a listen, about 15 minutes worth
http://www.netcastdaily.com/broadcast/fsn2007-0721-3b.m3u
or
http://www.netcastdaily.com/broadcast/fsn2007-0721-3b.mp3
Fast forward to about the 12 minute mark. Between 12 minutes and maybe 20-25 minutes, the whole scenario they discuss, you will just nod your head in agreement and think about UNICO the whole time..
All of these holdings seems to be fairly new as well, which perhaps means that these firms like recent company developments....
Check back if multiple forms are on file to see if they're adding to their positions.
$100+ million Money Managers who own UNICO---
Albion Financial Group/UT
Parsec Financial Management/Inc
Regentatlantic Capital LLC
Check their SEC filings for Form 13F.
(Form 13F = An SEC reporting form filed by institutional investment managers in accordance with the provisions of section 13(f) of the Securities and Exchange Act of 1934, which states that all institutional investment managers who are managing over $100 million on the last trading day of any month of the calendar year must disclose their holdings on a quarterly basis.)
This is it. A true gold mine. GREAT company. GREAT perspective.
This is UCOI to a tee.
Pull up this radio show
http://www.netcastdaily.com/broadcast/fsn2007-0721-3b.m3u
or
http://www.netcastdaily.com/broadcast/fsn2007-0721-3b.mp3
Fast forward to about the 12 minute mark. Between 12 minutes and maybe 20-25 minutes, the whole scenario they discuss, they could insert the name Unico and it would all jive.
Back on August 11, 2006, Unico did a reverse split of 1:100. I can now easily theorize that the present dilution since that split was the master plan that was intended by management. The idea was to raise money with the use of stock and take the outstanding stock back toward the 5 billion that is authorized by law but to try to halt it well before that mark. Although this may all sound negative, it is actually a positive. The stock had been trading well above 10 cents prior to the year 2004 without much prospect of an objective plan. Now, the company does have an objective plan which is to work the acquired property in Utah for gold and other minerals. This means that an eventual upward rise to above 50 cents is actually management's objective. This stock was able to support this type of capitalization once before and should easily support an even greater capitalization if progress is made at the mines. Levels of over 30 cents per shares can be achieved even if profits are never achieved. It does become important to keep the outstanding shares in the 2 to 3 billion range while at these low levels. Stock prices will always go to extremes at times. All it takes is some sort of revenue from sales, and this we will find out soon with the start of the mining mill. The name of the game is always in picking the sell point. Most of the investors in this stock will most likely not be in this for the longer term. Every rally that occurs will see people getting out and new people getting in. I would venture to say that not many of the current holders will ride this to the ultimate top.
linked from
http://www.worldenquirer.com/id14.html
Been watching this for some months....... I see adding 40k 50k shares to my portfolio next week. Off we go!
UCOI: BUY
http://www.worldenquirer.com/id14.html
UCOI: BUY. (June 16,2007) Back on August 11, 2006, Unico did a reverse split of 1:100. I can now easily theorize that the present dilution since that split was the master plan that was intended by management. The idea was to raise money with the use of stock and take the outstanding stock back toward the 5 billion that is authorized by law but to try to halt it well before that mark. Although this may all sound negative, it is actually a positive. The stock had been trading well above 10 cents prior to the year 2004 without much prospect of an objective plan. Now, the company does have an objective plan which is to work the acquired property in Utah for gold and other minerals. This means that an eventual upward rise to above 50 cents is actually management's objective. This stock was able to support this type of capitalization once before and should easily support an even greater capitalization if progress is made at the mines. Levels of over 30 cents per shares can be achieved even if profits are never achieved. It does become important to keep the outstanding shares in the 2 to 3 billion range while at these low levels. Stock prices will always go to extremes at times. All it takes is some sort of revenue from sales, and this we will find out soon with the start of the mining mill. The name of the game is always in picking the sell point. Most of the investors in this stock will most likely not be in this for the longer term. Every rally that occurs will see people getting out and new people getting in. I would venture to say that not many of the current holders will ride this to the ultimate top.
Everyone has their guesses, but no one knows.