GREY:AUAYF - Post by User
Comment by
grumpymonkey007on Mar 07, 2008 1:15pm
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Post# 14615346
RE: Sim and grumpy
RE: Sim and grumpyMy initial hope was for around $15 based upon existing fully diluted number of shares, production costs, decent Mo futures and continuation of better grade discoveries
I revised that to $7-8 based upon the possibility of dilution by half to around 220M fully diluted shares.
And now? I flat out have no clue right now. Not really sure that Adanac will be the comapny that takes this mine to production any more but the way I figure it, thre's still significant money to be made so long as mgmt doesn't sell us out.
GM