GREY:SWFCF - Post by User
Comment by
imallinon Mar 17, 2007 11:20am
753 Views
Post# 12436494
RE: Positive Posting ( To All Members!)
RE: Positive Posting ( To All Members!)Maza,
Its simple. People are watching and some know that the upside outweights the downside 50-1. Thats no estimate, its fact.
-2 drills turning, another on it's way( 1 year ago they had only 1)
-Blasts have happened ( 1 year ago it was just a dream)
-RTL removing the 500 Ton Bulk Sample (People waited 2 years)
-Funding is in place (3 Private placements closed in Days/Hours)
-Debeers Donated $1 Million into Processing(because their Interested)
-Solid Management ( They put all of above in Place)
-Sipper Lake has Kimberlite (2 Drills setting up to prove it)
-Early estimates indicate that we sit on our own "Snap Lake"
Again, Do your own DD, but I know most people don't so this is why I posted these facts. Bottom line is this. .30 Cents is a joke, once we get to .75-$1 most people who missed out will be shaking their heads and thiking "Why didn't i get in at .30". The time is right. Look you're portfolio over and see which stock(s) you own that are holding you back. Sell a bit, Sell them all. Just get into SNO. This has been pegged as my Retirement stock.
There are about 6-8 Million shares between the people i know. We are expecting no less than $5-$8 after we prove this up. I personally don't think it will take forever. It will hapen soon, and the run-up will also take place soon. Remember, Debeers took out Winspear for $5 and Winspear ran up a bit before Debeers steaped in. Now Debeers has gotten invloved with us early and invested $1,000,000 in Free Processing. They offered this when we were still at .10-.15 cent mark and with what 50-60 Million outstanding shares. So thik about that. They invest $1 Million when we could be taken out for $9 Million. As it stands right now, Full deluted we are only in the $22 Million range.
I spoke to a Debeers employee. They mentioned an important fact. "We would rather prove up resources and spend $300-$00 Million. Its only paper for us. We NEED Diamonds"
Mud Lake has the goods, Sipper will prove up as well. Once this gets rolling Debeers might have the first looks at the Data from the Bulk Sample, however there are others watching. (ie: Teck).
Good Luck to All. If you're not in yet. Think It over.
Cheers