imanjen13- true enough. I have only stated current production. Future production however, (the 8-10 kilos the company has projected) has not been established. Should it materialize, my .0005 per share could quite easily become .001 or even higher. I'll go one better. If the shares out are not equal to the 800 million authorized, then that figure could be as high as .003 or .0035. That should get us over a penny.
Until such time as the production begins to show and the company clarifies the share issue... and dare I say, begins to establish some legitimacy via independent resource reports and auditing.... well the price may languish a bit. There's a belief out there that a mine or an oil well could be nothing but a hole in the ground with a liar on top. It's a stigma that tends to keep share prices low. I didn't make this up.
Given current production rates, and even factoring in some upside, we aren't horribly underpriced here. There's room for improvement, but then again the company could be a little more forthcoming too.
And like you, I find the chatter about naked shorters a little annoying.
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