GREY:BHNGF - Post by User
Comment by
Amaladeon Jan 16, 2007 9:26pm
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Post# 12031309
RE: GEM - Look at the world w/ clear glasses
RE: GEM - Look at the world w/ clear glassesHas any body talked to Al Shefsky- good- Just read the NR>- There is alot of work ahead in getting to the cashflow. The NPV cal. done by our fellow investor is very good yet ultra conservative. There is upside potential - with about another 20 million lbs still yet to be inferred. Heaven knows all the other rare earth metals in this pile of rock.Elliot lake is right here in the Ontario Northland-This is a revival of the old uranium mining district- Elliot Lake- Use your experience in this investment play. The consultants will be assessing the project, one step at a time- millions of $$$ to be spent in all the preliminary studies- drilling- and finally a bankable feasibility study- So as the measured and indicated resources come forth, this stock price will rise and fall , as the market dictates. There has been a previous inferred resource calculation in other NR's- about 26 million- but now it is 30 million - with potential for another 20-30 million in other zones.So if the previous stock price is 1.28- add 15- 20%to this and you have a current value for tommorrow of 1.45- 1.50 per share. Then the analysts will confirm future value based on them receiving the facts pertaining to the updated N43-101 releases in the next year. It is certain tommorrow will carry this stock to new highs, but like most of you know , the price is volatile, until it becomes a mine- and risk is reduced- the money has been made-so then at that distant future time, Al and his shareholders will be wondering - what to do with all their money.