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Re: Torez post# 17905

Wednesday, 09/27/2017 11:09:11 AM

Wednesday, September 27, 2017 11:09:11 AM

Post# of 45833
This is my take on it. I own a fair amount of this. I think it is fully valued here at about 70 to 75 as there is really over 50 million shares outstanding and not 4.7 million as some say here. The 4.7 is the float only but one must consider the rest to calculate market cap as these shares are outstanding just not floating for trading. So once the expansion kicks in then the numbers change and up it goes from here. The fact that they have gotten in to bed with Wade on this does not make me feel warm and fuzzy but in the end money talks. As long as they keep a leash on him from trying to grab the profit then this should do very well as the expansion progresses. The market hates Wade and this will trade at a discount because of him but at full expansion the SP will have to be much higher.