RE: RE: Getting True Value for Raven... jvand, I was referring to the markets finally giving value to Raven and its underlying value for CEC.
Up until now, all the market has done is given CEC value for its cash and cash equivalents due to their ownership of Copper Mountain shares, but I believe that with the upcoming decision of from the EAO office and then the 180 day wait for a final decision on the EA certificate, that the markets will finally be able to price in the underlying value of Raven towards CEC's share price.
Last month I was told that CEC had approx. $2 million in cash, and considering they won't need money in the next 6 months going towards further EA studies, they should have more than enough cash until a decision is made.
Seeing the recent interest and higher volumes, I am guessing that investors are buying in anticipation of a positive decision, at least the acceptance by the EAO of the application.
Asides from the naysayers, I believe the market realizes that Raven is valued at more than $ 4 million which is the current market cap for CEC, $2 million of that being cash. JMO