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Re: keyotee post# 59514

Saturday, 02/25/2017 1:28:58 AM

Saturday, February 25, 2017 1:28:58 AM

Post# of 63744
That's the price Blackrock, Gramercy & the Chinese paid.

You might want to consider your low price target in terms a Market Cap.

Before the deal BAA traded around a market cap of (50 million) coresponding to about $0.18.

After the deal $0.18 would be about 150 million market cap.

At some point afterwards there may be a dip in gold. Perhaps BAA will once again hit the 50 million market cap mark

That would correspond to approximately $0.06 given the current share structure.

There will likely be share consolidation (R/S).

There are a lot of other really cheap miners out there with world class operations in the mean time.

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