InvestorsHub Logo
Followers 121
Posts 14167
Boards Moderated 0
Alias Born 06/02/2004

Re: bronco billy post# 98723

Monday, 07/02/2012 10:33:46 PM

Monday, July 02, 2012 10:33:46 PM

Post# of 173238
Keep in mind market cap and dollar volume. The dollar volume was only about 300k. I expect to see multiples on days when we approach drilling and maybe 10 to 50 times that when assay results come in. Most " penny" stocks do not have the capacity to perform as such. We will need that volume and get it. They are talking about drilling world class, massive copper, gold deposits. Big money will be keenly interested ...

Also, the first run went from a low mrkt cap of about 400k to a cap around 80 million at the peak. This time we are starting with a low around 12 million mrkt cap an looking to progress to say 200 million cap or maybe a billion dollars if drill results are great and we have funding to delineate before giving up significant equity via JV. This is a whole different ballgame in the amount of wealth potential being unlocked. Serious money, serious methodology is required as is time and always a little luck. But this is as real as it gets when trying to speculate and be in on the ground floor of a massive exploration find...

JMHO
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News