GREY:GPLDF - Post by User
Comment by
piece-of-eighton Nov 11, 2006 6:30pm
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Post# 11664250
RE: 4 of these advisors have GPR as a
RE: 4 of these advisors have GPR as aIt's worth pointing out that Cohen considers $5 very conservative. The company could hit that just on high probability reserve growth, and the rise in silver. But if you listen to his interviews on ROBTV, for example (and I archived the audio of one of them that can be found on this thread by looking over my messages), you can see how he looks at the company. Guanajuato is the key. That mine complex produced a half a billion ounces of silver and it basically was mined down to the water table - and mining stopped. But as Cohen notes, it's quite probable that there's a great deal of minable ore deeper down. No one knows just how much we're talking about here, but Cohen was talking about 100+ feet down. It that really pans out, you can kiss $5 goodbye. You'd be looking at more like $20 to $30 and a company with marketcap into the billions. No joke.
We'll know within a few years just how much upside is here. But at the current quote, the stock has fantastic upside never mind the possibility of a monster find at Guanajuato.
CRBBULL, thanks for the links you keep seeding on many boards. You're a first rate bird-dog when it comes to nice stories