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Re: chris12 post# 4045

Wednesday, 02/29/2012 9:37:12 AM

Wednesday, February 29, 2012 9:37:12 AM

Post# of 62039
depending on what happens with the authorized shares... it could be much more than .06-.08. With current oustanding shares i think the whole thing is worth as little as .15 and as much as .25. When they get the mine into production and start getting cash flow to fund new exploration/purchasing the sky is the limit. years from now with additional properties we could see this stock in the $2-3 dollar range. Remember though, there's a good number of Authorized Shares... when all the Bonus options hit, we'll see slight dilution which will affect those target pps's mentioned above. I'm with josey though from an earlier post-- if they get their funding and the mine going, there's no reason to keep that many Authorized Shares, they should reduce back to around 500M authorized. that would be an EXCELLENT message to the market as well.

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