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Re: sklein870 post# 8549

Tuesday, 08/15/2006 4:52:31 PM

Tuesday, August 15, 2006 4:52:31 PM

Post# of 38584
"Now what good will the news do? Bring us to 0.025 until revs actually come in?"

You really think short term momo traders getting in AHEAD of time is what would have made this price go up more when the news comes? I disagree. I think those who sold would have also been the first to flip on the news. The Dalian PR should not just be a normal PR event, but should validate the numbers already announced. By my calculations they could net somehwere around $4M to $4.5M profits annual and that could justify a $.15 share price at a PE ratio of 10. Now, add in Frankfurt trading whenever it comes online, and Red Lake which they still await the Report that was promised also to us and who knows where the share price could go to?

All I know is I personally watched the stock price go from $.004 to $.05 in a short time period with NO NEWS. Not sure why anyone thinks with a finalized Dalian deal that it should only push the price to $.025? If everyone flips immediately on the news maybe, but again that is why these sorts of shakedowns are most of the time good before runs IMO.

My opinions. Do your own DD and calculations and invest off of those.

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