Core Gold DMMIF

outlook ?

[upmarkets]

Consider the bigger picture. I disagree that any 500 k days are needed. This will climb to probable PP level, on modest volume each day imo , 4.20 close on modest 63k sh Monday 4.30 hi close at 4.15 41k Tuesday. Wed 4.40? It is a super, well held, perfect structure of only 22.3 mil shares. ( M-Cap $92 mil or $25/oz in-situ on 3.7 mil oz ) Only loose shares are coming out. Shares from 25 , 45 , 65 cents aren't coming out. Following upon the recent Pre?-Feas assessment report , the stock strength is indicating that another scoping study is imminent ( Rock took the words out of my mouth as I drafted this on Sunday - might as well post now with my other 2 posts ) Speculate that major investors will step up for a $15-$22 mil PP for fast track drilling ,site development of the known zones and continued area exploration of numerous identified targets. Following the scoping studies, the stock likely will climb steadily/quietly to the decided PP price. I speculate : 4 mil units (sh & 1/2 wt ) at $4.75 to $5.25 - with wt 75 cents higher. Rock speculates pp as 5.00 It's the PP that will set the trading value. - $ 5 to 6 ? ( some shares will come out to help pay for the PP if the insiders buy some ) I was going to say we might then see a block Gypsy-Swap of free trading shares to backers , say just before a PP. ( and so insiders obtain cash to re-invest into their share of the PP ) -That could be the time for some heavy trades for a few days ( to the 500k ?) But then the properties are so good and the funds are for an advanced ( ie safer ) stage that an allowable fast exit requirement ( ie a G swap )would not seem to be a condition. -ie compared to a grass roots first drill scenerio project. Then watch for a steady climb and/or oscillation to $7-11+ range over 12+ months imo ( refer to the low in-situ gold value ( $15/oz at the time) in the newswriter reports at the website - as mentioned by the Rock ? ) This could perform like another NG At that point either: big money debt/equity will be raised at $8-12 to build a mine or a takeover bid instead. ( with a split into 2 stocks ) -TNK ( just raised $103 mil ) likely will split into 2 at higher prices -CTQ could split into 2 stocks also ? (You can see my early recommendation near the beginning of the DMM thread ). Credit my quality broker in this case. Normally I would be considering some selling but the continued potential is high: It is my largest weighting and I haven't sold a share. So TheDave - I hope, in the past, you took some time off from your posting(s) to evalate this, ( I didn't see you recommend it) and buy some - Any research or picks for us ? Cudos to Investors Regards U