News Focus
News Focus
icon url

CharlesNet

04/25/13 9:31 PM

#693 RE: She-ra #690

I am not predicting, I'm going by what the CEO has commented on in his PR's. He expects at the mine is to be purchased. If the mine is purchased then we should be getting the revenues from it. So my guess is that we should see gold and coal shipments begin very soon and my belief would be that perhaps the second quarter of this year would start showing those shipments.
icon url

Cassandra

04/25/13 11:56 PM

#696 RE: She-ra #690

BRNE is just coming on my radar. ... Currently seems under-valued from my prospective.

Borneo's market cap at today's closing share price is $57 million.

On what basis do you find it to be under-valued?
icon url

CharlesNet

04/26/13 9:51 AM

#701 RE: She-ra #690

She-ra the strategy of BRNE, IMO, is to acquire coal concessions and develop a bank of assets to buy, sell and/or arrange for strategic partners to mine. This is a great move, IMO, for shareholders because the company's intention to use strategic partners to coordinate construction of the concessions reduces the cost (and IMO dilution) to the company.