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S&P 500
5,577.83
(
0.43%
)
US TECH 100
18,790.00
(
0.24%
)
Dow Jones
40,963.50
(
0.25%
)
Brent Oil
72.14
(
2.29%
)
Bitcoin
58,042.41
(
1.22%
)
Post# of 42999
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BobSinCA

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BobSinCA

Re: gkm_nz post# 18442

Wednesday, 09/29/2010 12:24:16 AM

Wednesday, September 29, 2010 12:24:16 AM

Post# of 42999
IMO, the reason that EEGC is 'undervalued by 400%' is because the market does not believe they will find financing -- or, if they do, it will be with high dilution.

Should financing appear at a reasonable dilution level, I would expect pps to 'pop' to $.05 - $.07. There will still be a 'risk' factor applied so pps may not get to 'double digits.'
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