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Wednesday, March 30, 2011 9:14:36 AM
I believe once Plots A&B are posted and they are close to some of the estimates, I projected in a prior post, in reality should be .003 to .004. From there once the gold starts coming out of the ground on Plots A and B and we get some production numbers we should work past .004 gradually with monthly updates of gold excavated, sold, etc. These updates could gradually take us to pennyland.
Any new developments from the bank, buying and selling income, and future plots will also move the stock upwards.
Now if they would happen to blow my estimates away in one form or another: total ounces estimated, monthly revs, monthly earnings, we could go higher.
Canceling some restricted shares, new plots, restructuring the oil storage facilities purchase arrangement, addition buying and selling arrangements all will certainly have a positive impact on the shareprice.
The key now is to get rid of the selling by EWI and weak hands. Hopefully they are near completion. If it wasn't for that we would be north of .0012 today...
With revenues and net earnings there will not be the need to continue dilution. Heck we can stay at 10 billion or less a/s we are in good shape.
Pennyland is certainly in the cards.
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