RE: Things are moving right along.Ok, time to get back to “more on that later.”
The ‘stock dilution’ that alarmed some of our ex-shareholders has instead brought about an unintended positive surprise.
This should soon accelerate the velocity of the increases in the value of our NGP stock.
A newsletter writer pointed this out.
There are many funds that are itching to get a foothold in the new geothermal revolution.
But where can they invest their money?
Many are prohibited by charter in investing in corporations with less that $100K valuation.
We have recently climbed to a market valuation of C$88K.
We are only 13.6% away from a valuation of $100K.
We have climbed 50% in the last three months.
That is 4% a week.
How hard can another 13% be?
Could that be in another three or four weeks?
If C$1.24 = a market cap of C$88K,
then C$1.41 = a market cap of C$100K.
This would also be a market of over US$100K.
Believe it or not, the US dollar is now less than the Loonie.
I am excitedly waiting for the flood gates to open.
RJ