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Joeiniowa

03/08/12 8:19 AM

#2947 RE: 2guys #2946

2Guys,

There is only one thing I know for sure about guessing future prices and when. You will never be right. LOL. If someone came in tomorrow and paid $100M for 25% of produced product going forward the stock would be worth around $4 at a minimum shortly there after. I don't see an off-take agreement happening for a while but sooner or later it is bound to happen. An industry giant in the steel industry or mining space as a partner would go a long ways. The one thing I do know when our time comes and we start churning a million shares/day the stock will move and 2-3X from here will happen quickly. No idea when but that is how these types of stock like to move.

Joe
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Blairman

03/08/12 10:30 PM

#2949 RE: 2guys #2946

I did not speak with Jim, but i dont know if $2.90 maybe was forcasted with a potential JV or buyout within that 12 month target? But i was not given details on short term. All i know is the fundamental story and long term play has been solidified in my mind, but i believe we will be over $1.00 by end of the year easily. I have some time, these types of junior mining plays as you know take time to develope, look at how many quality press releases we have had in the last 6 months and more to come in the short term
Blairman