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Tuesday, March 29, 2011 8:39:29 AM
I think we will be higher than that by a long shot. There is alot happening over the next 5 weeks. We would be there today if it wasn't for the seller. Once he is out of the way we will move up..
Having the SS up to date is good as well. Folks 5 billion shares a/s and even outstanding with gold rev's coming in the door warrants pennyland. If the company can generate rev's and net earnings becoming self sustaining is the key. He stated in plot C that by Q3 onward EMLL would be generating $840,000 rev's monthly with growing margins which currently sets at 30%. We haven't even determined what Plots A&B will be generating. Plot C is 25 acres and Plots A&B combined are 200 acres. What do you think??
There are holdings out there in the gold sector well over a penny with over 5 billion a/s...NOT generating net earnings..
This is a no brainer and the fact we have a current share structure provides more transparency....
Honestly the new share structure is no surprise and expected for those of us that have traded for many years and know what to expect or atleast have a good idea...
glta...
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