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tootalljones

04/10/14 12:55 PM

#610 RE: tootalljones #609

if the burn rate was negligible, like a million a year, and the company has 40 millon, well now we are talking, but if it is 12 million a year, plus the start up will costs 20 million legit, then we are in deep do do. Ultimately, somebody makes a bet here and heck, the steel moly market stays down for a decade, then the company share price goes to 15 or 20 cents and sits there, and in 3 years they do a secondary, and it goes to 10 cents...
so the burn rate is critical to know....
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STOCKED14

04/10/14 1:19 PM

#611 RE: tootalljones #609

Well when he harbored his brother he got arrested. Then soon after thr money was cut off bc of it. Neither of us know what's going to happen. I honestly hope it drops even more so I can load up on shares. I believe it will be from 1$-3$ until they get fully funded. Like it has been till recently.


Honestly we have no idea, but I have made money here and don't see that changjnhe