RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Another 52wk highblitzer2 wrote: Hi DosCervezas, I too go back to the Riverstone days so, you may remember
the couple of times that the SP went to over a $1 in March of 2010 and again
in Nov of 2011. All this of course was well before the merger and and the name
change to TGM.
I know, different times then, more gold stocks and lots of positive gold market
sentiment going around. But lets also remember, that despite the apparent
overall bullishness at that time, it's hard to appreciate that the company in 2011,
was actually still 5 years away from building and completing a mine as they
almost have now, and hopefully soon, getting ready to pour their first gold.
However, at those times, the O/S shares was only 120M giving RVS a market cap of $120MM.... Now TGM has 400MM shares O/S with a market cap of nearly $160MM...
.
With production coming soon, it should be at least over $0.50/share and possible $0.75 giving it a market cap of $200MM to $300MM.
.
If gold sentiment is coming back, $1.00 is possible with a market cap of $400MM
.