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Bullboard - Stock Discussion Forum Alpha Minerals Inc ESOFD

GREY:ESOFD - Post Discussion

Alpha Minerals Inc > Hathor comparison
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Post by candykid on Nov 12, 2012 10:08pm

Hathor comparison

Just for everyones's information Hathor had 128 million shares Outstanding when it was taken over by Rio Tinto and it was taken out at 4.75 per share. 

We have 13.1 million shares outstanding so if we have what Ben thinks we do and he was involved with Hathor as well we could be in for one hell of a ride.

Even if we dilute to 50 million as we have to raise cash to drill I still like what we will be looking at down the road if the property pans out.

Don't forget we are only drillling down 100 to 200 meters and Hathor was more then 400 meters and counting

This could be a real nice win.  Time will tell

Candykid

Comment by wolfbay on Nov 12, 2012 11:15pm
Hathor owned all their property with almost 60 million pounds proved up.AMW owns 50% of Patterson and it will take a ton of holes tens of millions of dollars and several years to prove up the pounds if they are even there.Looking good but many are getting way ahead of themselves on this.Good Luck
Comment by Tinmann on Nov 13, 2012 1:16am
Wolfbay,   I respect all opinions and yours did make me do some digging... it's been a while since the old start of the HAT train so I did some reviewing. Your assumption that AMW is "ahead of itself" may be misplaced if history serves. Have a read. It was a worthwhile exercise for me. I assure you it is accurate. Again, saying something is "ahead of itself" requires ...more  
Comment by Rain99 on Nov 15, 2012 11:50am
As a LONG time follower of Alpha (what is now Alpha) i have always had a strong belief in the management team and their abilities to move projects forward... just look at the President Ben Ainsworth and Hathor!.  I FULLY agree with Tinmann here! the potential here is incredible.  This deposit could be a monster.  The boulder train is the largest boulder field (HIGH GRADE U3O8) that ...more  
Comment by tranquills0 on Nov 15, 2012 4:25pm
In case you haven't noticed the markets are dropping off fast. We are going sub $.90 in short order. upper
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