TSX:SUE.WT - Post by User
Comment by
hopskipjumpon Jun 20, 2006 7:22pm
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Post# 11013284
RE: well
RE: wellinteresting observations John,
"I am trying the math ? "
At this time I think folks are simply wanting to take a deep breath and put an end to the legal business. Its funny how this entire story has become this cloud of litigation... no one is asking what happens when/if the cloud clears.
Where do they go from a clean win?
What do they do with the money they have left?
How good is the feasibilty study?
Have they been approached by any producers?
There are perhaps a 1000 more questions just like these. IMO, it won't be until victory in arbitration(and no more appeals) before we get a clear, concise, revealing and promotable state of affairs on the company going forward.
IMO, If they win in arbitration and there are no more appeals then it is a $1 stock.
And, IMO, if they have what they say, it becomes unencumbered, and a producer likes the economics of the property, it is a $2 stock. However, I firmly believe its a $5 stock if they find large carat diamonds surrounded by platinum in thick beds of rubies when they drill next!
good tradin'
-oldtimer
p.s. no investment advice intended