InvestorsHub Logo
Followers 27
Posts 4576
Boards Moderated 0
Alias Born 04/30/2005

Re: dendiamonds post# 17401

Friday, 10/05/2007 3:54:10 PM

Friday, October 05, 2007 3:54:10 PM

Post# of 42570
I was talking to BIGWAVEDAVE but I will try to give you an answer in you were not being facetious. The stock price will go up like all stocks do when there are more BUYERS than SELLERS. If the company starts to have a cash flow from Escala it hopefully will attract new money to buy shares as the company capitalizes so it can enact its ambitious business plan. At these prices the market cap of approximatly 10 million dollars looks very modest. Do you know any mining company to buy for that number? Of couse, if they can't do Escala, Pulacayo and/or Cerro Rico, the stock may be overpriced since it would not be a mining company but rather a shell.Obviously, because of lack of follow throgh from past promises and deadlines, new money is sitting on the sidelines and old investors are holding or selling as they are fed up or just plain bored. As Trueheart has stated, and I have to agree, if this mine is not on line by Octoberr 25, many here will give up the ship. We shall see.