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Dwill2

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Dwill2

Re: lmcat post# 4042

Wednesday, 02/29/2012 9:29:44 AM

Wednesday, February 29, 2012 9:29:44 AM

Post# of 62039
yes. and that $11.7M is just for "rights" to mine. It's worth significantly more if you consider a portion of the copper in the ground and the assets it takes to extract it. Now let's hope/pray that these deals actually get DONE and the funding materializes in the next 30 days. I think the market should read this as an excellent step but I don't think we get the crazy gains to .03/.04+ until the funding is PR'd and then in the bank and the mine is ready to go into production. However, sometimes 'irrational exuberance' takes over stocks get a pps MUCH higher than any rational valuation. That would be welcomed. lol
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