RE: RE: RE: RE: Frasermackenzie - Strong buy 5.45C Thanks, Scout. If wasn't that you live in Arizona I would say you are a true coureur des bois. If your analysis is what he means then it sounds like 10 mil. in the currently defined area without counting and extension of the strike past the last southeast hole, or the potential new zones from testing that they discussed in the con call. Seems like "de-risk" is the operative analyst code phrase for slam dunk.
Next up is the metallurgical tests, which should be out any day according to what they said in March. Whatever, from the looks of the intraday chart somebody sure wanted a lot of shares today, whether it was on the open market or discretely arranged crosses of large blocks.
A low-ball offer would certainly spice things up, but I don't think, and from what I have heard, these major shareholders want anything less than $6. Three bucks on the bid would certainly feel better--it was only a few months ago that is was up there and the story has gotten a lot better, even if the market has sucked hard. As always, just opinion. Y'all do your own DD.