I see that today, there are a lot of posters trying to say that we are only going to get $2.00 per share. At least MJ put out figures to state why but I don't agree with them. Why? Because CD is the one who is going to negotiate with whoever purchases TPW. He stated he plans to prove up 2.5 to 3.0 million ounces. He referred to the sale of the Victoria Mine. I think that was at about $14 per share and the company had a bit over 100 million shares. When I figured it out based on our share count it came to around $9.00 per share. So, after a year or so of dilution, it would seem we will have a buyout of $5-7 per share in about 12-18 months. From CD own lips and the only ones that count for me.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.