GREY:STACF - Post by User
Comment by
kroghon Sep 16, 2006 10:35am
388 Views
Post# 11373205
RE: Update
RE: UpdateThanks for your reports. This is a good board. This seems like stock which is too good to be true. We are sitting on the world's largest zinc deposit as a junior!
If they can deliver on the plan to mine 16 million tons per year from 2012 without too much dilution, we will have annual cash flow of $25 or more per share. The stock price could go past $100. Amd this is just by mining a part of the deposit. They can upgrade by a factor of 2-3-4 later. If the zinc price goes up as well, this could be a plus $500 stock by 2015. A tough part will be to stay independent long enough though.