GREY:WFEMF - Post by User
Comment by
Giftedoneon Sep 25, 2012 5:27pm
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Post# 20413270
RE: RE: Bank dd
RE: RE: Bank dd All I know is that if this company manages to pull off 220 M in financing the market cap of this company is going has go to at least triple that number. I was in a different Jr Miner that got 50 Million in financing and the market cap went to near 300 million in short order.
A 600 Million dollar market cap is least 6 times the current share price.
I certainly do not blame folks for taking a 50% profit (22 cents to 32 cents) .. in fact .. I commend them for their investment smarts (you never make a profit until you take a profit) 50% is not easy to come by in today's market.
That said .. unloading half ones position and letting the other half ride is probably the best move.
One thing that is for sure is that I want to be holding some of this stock when they announce that the documents have been signed and the money is in the bank.