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Wednesday, December 24, 2014 2:09:51 PM
This stock ran to $.20 with nothing in the past. I'd think an actual deal with real revenue would make it much higher than that wouldn't you say?
A few points if I may:
-This stock NEVER closed at $.20 or above. It barely managed to sneak above $.17 for a mere couple of days (four, to be precise).
-When the stock DID briefly run in the past, the float was approximately 40% less than now. Dilution matters. Dirty inside deals matter, too.
-We're five years or more away from a real open pit mining op, assuming it ever happens, and that is being optimistic. And no one has so much as a clue as to how our potential 15% translates into net royalties.
-A $100MM purchase divided by 1.5MMM shares equals.... well... you do the math.
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