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Re: trandernine post# 6033

Tuesday, 04/30/2013 1:00:20 PM

Tuesday, April 30, 2013 1:00:20 PM

Post# of 14330
I believe they got three bidders - people will take it for free....and for slightly over free. :) What would I be desperate over? You still think I'm trying to get the share price low so I can load up for the big pop? When the big pop never comes, like I've been saying it won't - only then will you realize that maybe I wasn't trying to snooker you out of shares.

I guessed 60 for Hollister and all you guys laughed it off. The NPI is hard to value definitively, but no way is it worth more than 10 to 15 mm - so I was way off with my guess. Burnstone needs major capex to deal with the geologic issues, the S. African market is struggling with Rand and labor issues, the global market for miners is more in the toilet than it was in late '08 - and you guys thinking someone is going to come along and pay half a billion dollars? (at the same time that you are vastly underestimating the remaining claims hurdle). Keep adding though.

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