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Goldstriker

04/14/11 12:23 AM

#20219 RE: stokes1 #20218

I am guessing that most people have read this article. CRM** has a market cap of around 45 mill and sierra rut is huge. Looks good for the long term.

http://www.raremetalblog.com/2011/04/struggling-sierra-leone-now-a-ree-target.html
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The_Free_Nebula

04/14/11 12:25 AM

#20221 RE: stokes1 #20218

Actually I agree mostly but those crazy valuations are more a function of market sentiment than time. If the sentiment ain't there, no amount of time will matter...if the sentiment is there, no amount of time will matter....
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Raingawd

04/14/11 12:33 AM

#20223 RE: stokes1 #20218

We also aren't sure about how far into the rainy season SNEY can produce (dredge). It seems the dredges will be effective well into it, being flotational. However, I am wary as to how far this will take them.
I'm imagining that there will be a point at which operations will have to close because the rains, washout, roads, etc... will be too intense.
Perhaps I'm wrong. Could someone please confirm/deny, with evidence-based opinion, my idea here.
The reason I posit the question is that... it will dramatically influence our postulations about pps in a few months.
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Jim46

04/14/11 9:38 AM

#20262 RE: stokes1 #20218

Don't make a mistake based on rational analysis. With nothing more than air, SAE* issued PRs that pushed its stock from 4 cents when I got in to 80 cents in less than two weeks. We don't want that here, but traders do follow all kinds of trails.