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Re: sortagreen post# 14171

Friday, 03/30/2007 12:16:47 PM

Friday, March 30, 2007 12:16:47 PM

Post# of 42637
A .50 price and market cap of 1.1 billion is not as ridiculous as it may sound at first blush. The company is trying to raise 1.3 billion to support its various ambitious projects. If that is the projected investment, the market cap doesn't look that out of whack. I personally think that the company should have not released the number since it appears to be an unattainable amount of money to raise given the pink sheet status.That being said, if some major investors get involved, we may be on the verge of a significant increase in pps. No one can realistically project what the fair value is at this time but at a present low cap, as pointed out by NYBOB($$$$$) it seems that the old highs are attainable in the near future. The petty interview should provide some insight. I also hope that they will reveal the funds raised in Switzerland which will probaly be immediately used to constuct the tailings plants. Also like to hear the final numbers on the zinc contract.