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sesegal99

01/21/10 11:05 AM

#51835 RE: mudcatboy #51834

at least .004.


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RS500

01/21/10 12:33 PM

#51854 RE: mudcatboy #51834

Off the bat around half a cent.
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Fairways18

01/21/10 12:44 PM

#51855 RE: mudcatboy #51834

Depends....

If it includes concessions from the loan sharks who are owed millions in crazy interest and penalties, I think the share price breaks above last year's high of .03.

However, if I had a nickel for every time I've heard that financing was wrapped up I would be playing golf somewhere warm instead of reading this board.

It will happen someday but I'm not betting the ranch it is tomorrow.

F18

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CopperKen

01/21/10 12:53 PM

#51856 RE: mudcatboy #51834

Here's the argument for rapid rise to 1 cent and beyond:
1)LTF would likely give us 6-12 months leeway.
2)Would pay for operations
3)Would pay off old and new loans (new floatation tanks & cells).
4)Buys time to get cementation working smoothly
5)Buys time to free SX/EW from bondage
6)Buys time to get Road or other high % mine ores to mill
7)Renewed confidence for saleable con at higher output rate
8)Plenty of time for piles of con to dry without urgency.
9)Would allow RDG to finally get some sleep.