One Step Ahead

[Ignutz]

The Shore thing ...

Just caught up on the bullboard.
Wow, I feel like I've been on a roller coaster.
Disappointed that the valuations weren't as high as I had expected ($181/ct), but at least they were over $125/ct (which definitely = a mine). I guess the percentage of gemstones weren't as high as some of us had expected (right Cosmicac?).

CDD, thanks for reminding me what my stock price estimates were with your repost. I added the calculated stock price estimates for $110/carat and $135/carat to the original table:

Valuation ....................... SGF Stock Share Price
$100/c .......................................... $3.45
$110/c .......................................... $4.42
$125/c .......................................... $5.84
$135/c .......................................... $6.77
$150/c .......................................... $8.22

Hopefully we'll start to see the big institutional money come in and start to approach the $6.77 price estimate.

Shorething

PS: Current price = $4.90 (volume = 4.13M shares)


http://stockhouse.ca/bullboards/viewmessage.asp?no=9205552&t=0&all=0&TableID=0