GREY:OLEPF - Post by User
Comment by
tony1969on Nov 25, 2012 6:54pm
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Post# 20641764
RE: Lottery Ticket
RE: Lottery Ticket Hey Roro and Arlene. I believe that most of us here do believe that there is huge blue sky potential in this property. Unfortunately OLE is in a position where in order to justify a blue sky price they must continue drilling and diluting us shareholders. They can say they have 9 million plus ounces (which eventually they probably will) but until the bidder sees that NR 43 101 in front of that potential number it will be just that, a potential number. Nevertheless I believe they can get roughly double the share price or around $1.50 with what they have already proven.
Nice win today by the Phins Roro. Carpenter finally made a clutch FG to win it. Lets enjoy it while it lasts because we have the Pats next week.