ARU & BRE-X and PLEI don't know if anyone posted this from Stockwatch, Kaiser talking about ARU, potential to be 40- 60 dollars. I think we at PLE will be in the running to have a good shot at some big numbers also. Maybe not 40-60 considering we have 3-4 times the shares outstanding.
But the potential is there to move up..Bring on those drills.
Kaiser says Aurelian could slay Bre-X once and for all
2006-07-06 20:35 ET - In the News
John Kaiser ends a two-month editorial hiatus with a lengthy June 20, 2006, Express. In it, the California letter writer wrestles with global issues that influence the markets, from Ben Bernanke to China to "hedge fund hijacking of the raw materials sector" in April, 2006. He says another reason retail investors are on the sidelines is that despite the recent injection of money into junior resources, the post-Bre-X Minerals Ltd. "Wall of Doubt" still looms large. In April, 2006, a new contender for the wall-of-doubt-killer role, Aurelian Resources Ltd. (then $21.49), walked onto the stage with a gold discovery at its Frutta del Norte project in Ecuador. Mr. Kaiser is not recommending the stock and has not done so previously. He says Frutta del Norte has the sort of long high-grade intersections everybody can understand. Within two months Aurelian charged from 60 cents to $21, achieving an implied value of $600-million. Barring unfortunate political developments, Aurelian has the potential to become a $40 to $60 home run. He hopes it disappears into the jaws of a major producer in the next 18 months. This is the sort of Cinderella contender you want to see become the real thing, Mr. Kaiser says.
Happy dreaming
Kewi