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Wednesday, June 07, 2006 5:53:50 PM
IMO we will float around $0.04 until the next PR about Grimes or New Mexico. I beleive those will come before the closing of an LOI in that that kind of business takes much more time. I'm still kicking myself for not buying more when I first got in ($0.017 and then at $0.031). I've only got a little powder left and I'm saving it for a rainy day. I heard some folks talk about low 3's and maybe even the 2's so I wanted to be armed for that. I highly doubt we will ever see 2's again now. Who knows we might not even see many 3's going through from here on out.
Every single person I have told so far about this one has done their DD and ended up grabbing a starter position. Not sure if all are still accumulating but that alone speaks volumes for the quality of this company and its current position. In an UP market we would be closer to $0.10 right now, IMO. It's just crazy if you compare the charts for the NASDAQ since late April with BIGN. If not for that we would be settling at the $0.06 level right now.
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