Thursday, June 07, 2007 5:32:37 PM
I don't really see a problem.
All I see is flippers trying to make a profit.
RB said it, long term.
If no-one is willing to wait for the n14301 which is coming before you know it.
Check out my analysis.
When the 1st claims were valued I think it was 60 mill.
Lets say out of the 250+ claims that each 50 claims has at least 25 mil x 5 that's 125/ O/S maxed out at 2 bil, That's about .0625
The 1st claim group was estimated @ 60+ mill and ytd those claims have doubled(just about)
Hypothetically, if each 50 claims were valued @ 125 mil x 5 = 625 mil.
If that figure is somewhat right, and the A/S stay the same,
MY ESTIMATE FOR RSDS IS 0.3125
That's only my estimate.
I am holding my shares for a bit so I would really like to see that kind of action and that's why I am here.
GO RSDS
BOO YAA
And if anyone would like to make a better estimate by all means go ahead.
str84rmdade
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