RE: RE: a nice spike Sorry but I disagree. We might consolidate to above these levels between the time the monies are received and refinery being built but it is all up to the market and you can see all kinds of examples of stock climbing much higher on less news than what we are expecting.
I think it was called Oriental minerals then and it was less diluted but it did reach a high of $3.73 on Mar 1/2007. I don't know why because I wasn't in the stock that long ago. I got in a couple of years ago and started accumulating at the .10 level and happy I did.
Although fundamentals play a part... the market does ultimately decide.
I think we can all agree that their are all kinds of examples of stock trading well above what they should be and below.
When the IMC news comes, maybe we won't be $2 but I think over $1 is very achievable especially with the bank news following. Again the market will decide.
I don't believe I'm being unrealistic. According to management in 24 mths WOF will have the refinery up and running and producing and bringing in money. I think in the 5 - 10 year period WOF should be in the double digits if management does its job right and the market is favourable.
I think your estimates are too pessimistic or maybe I just wish you're wrong but time will tell.
We each have our opinions and we will trade accordingly and see who prospers more.
GLAH