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Re: NIRNIR post# 21497

Friday, 04/24/2009 12:35:02 PM

Friday, April 24, 2009 12:35:02 PM

Post# of 83049
Dilution already factored in? We have had about a 10 fold increase in O/S (for example) since late 2007, early 2008, and since the plateau rise in price in late 2007 (not the spike in early 2008), prices have fallen about 10 fold. The price rise was likely in anticipation of the start of production, judging from the comments on this forum of longer term holders. Okay, the economy went through a rise and fall as well, but IMO the value is still about right for preproduction. We are all guessing at ultimate production revenues, which should be cleared up shortly, and hopefully with a giant leap in real value.
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