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cl001

01/11/12 8:45 AM

#10288 RE: valuemind #10287

You are comparing apples and oranges.
1. One billion is the old high of TGA, you should have used the current market cap.
2. You are using 2013 projected production number. Current production is only 650 bpd. It is a low risk ramp up, but there are still risks.
3. The stock is currently trading at 9.5c, how can it raise money at 10-25c?
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Margin-Hunter

04/22/12 12:27 AM

#11061 RE: valuemind #10287

I like this one just holding....don't think I want to add until after the 1 for 10 R/S... See where she settles.