"My experience in the pass when a downgrade occurs , that is the time to buy .. IMHO"
I love that quote ! And in this case I would say you are spot on... ever since we put out 43-101 its been a battle...and as long as we have friends like Liberty on board and the IFC...I will keep :)
After reading Farhads email to Max and the ones I have received over the last few years from him...I will stick with this little gem of a company as long as Farhads at the helm...he really does deliver the goods...so once financing is in place or JV announcement and or Off/take agreement...then these numbers below will not really apply :)
This company is so undervalued...
Analyst 12 Month Target Price
Wellington West $2.50
Loewen, Ondaatje, McCutcheon $2.00
Ubika Research $2.51
Dundee Capital Markets $3.05
Cormark Securities $2.35
Salman Partners $1.65
Fraser Mackenzie $2.25
Union Securities $2.40
Looking forward to see which players come to the table next...how much bigger backing do you get then Liberty and IFC :)
Tke care
Bob
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