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Alias Born | 08/03/2010 |
Sunday, May 15, 2011 12:29:20 PM
The much-awaited Tombstone report may light the fuse, but I hope it also forces NAK's hand a bit by producing some JV cash on the AZ properties. Better cash flow and a steady appreciation of PPS means leverage, the kind that makes NAK want to verify assets and move on them in a purposeful way.
And of course any news can help get John Q. aware of this company and their soon-to-be-lucrative claims. The stock is cheap enough that any schmo could have a decent chunk of the eventual valuation, which I perceive as being far higher than current PPS indicates. A wave of volume after the report might do some good, assuming the news is positive.
And I like the prompt turnaround on SRK's other reports, so it does seem news is pending. Time to see if SRK (and mother nature) agree with the assertions of our geologist in chief.
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