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pastorboy

11/11/11 3:14 PM

#3113 RE: DAC64 #3112

When LSG found the 81 meters and then tookout west timmins they had a float of about 330 million shares now it is closer to 400 million plus. They were still able to get to 4+dollars. If you have the gold the float will not stop us. 30 million ounces will give a SP of well 140+ dollars if we have double the share structure we may only go to 60-90 dollars. Even if the insitu value is 15-30% then we are still at at least 10-50 dollars.The payoff is enormous for this one property. KC is still possibly going to be bigger, get your lotto tickets. hehe PB