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Re: penny4yuu post# 13692

Wednesday, 01/20/2010 6:11:39 PM

Wednesday, January 20, 2010 6:11:39 PM

Post# of 24249

Look at it this way. 2 billion plus in fairly easy to get PM's and most major infrastructure is there and permits are in place. Let's say you go with a joint venture split proceeds 50/50. At the end of the day you still get a share price of roughly worst case senario .03 IMO. An announcement of financing aka "dilution" has been factored into the share price already. At one time this company was valued by a third party at roughly .07 and that was when we had less metal and gold and silver was alot cheaper. So I just don't see it happening. If gold is 1300 by the end of the year and financing or JV is announced we go up not down.

Cheers,

D
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