GREY:RGVNF - Post by User
Comment by
foof28on Mar 23, 2007 4:27pm
257 Views
Post# 12479414
Ooof....So much to think about ....
Ooof....So much to think about ....Although the farmout agreement signed with Aurelian is satisfactory, I doubt it will push us up to a dollar. I mean lets say the deal with Aurelian alone is worth in the 500 million to 1 billion range, our cut will be between 80 to 150 million dollars if and only if the drilling begins and a precise account of the amount of reseources in the ground.
Again, and I agree with some of you that the CBM deal is the real driver of this stock. But if the gold in red mnt. and nevada comes through along with the aurelian deal then we should cross the 2 milestone...
What worries me the most at this point is the july warrants which would depress the price and negate any real gains we will see in the coming months... THis is my opnion...