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HARD ASSets

01/01/12 2:37 PM

#112238 RE: hispeedsoul #112236

Very nice breakdown when others are saying there is nothing here to discuss.
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Eltoro43

01/01/12 3:21 PM

#112239 RE: hispeedsoul #112236

Hispeed,

I agree fully with this. We are still in very good hands and will be a lot better off financially in the near future.
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dmbao

01/01/12 8:11 PM

#112241 RE: hispeedsoul #112236

Don't really disagree. Hard to know where we would be if he had given 50% away a few years ago. Might cost in the long run but short run we would have a much higher stock price. Scott could care less about the stock price as he is in it for the long haul.

I don't see the IPO to provide enough money to build a mine without bank financing. Of course that depends on what you beleive the market cap at that point, I beleive it will be about 200 million so not possible to raise the say 400 million they need. Now if the I is a couple billion it would be possible.