GREY:GRFJF - Post by User
Comment by
nwtfeon Aug 04, 2007 12:32pm
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Post# 13201459
RE: If you have NOT done your homework on WGDFF
RE: If you have NOT done your homework on WGDFFThese guys needed to hedge in order to secure financing and avoid share dilution. A pretty good deal imo. Hedge is over $800 and majority of production will be sold at market price.
Loantech1 - How do you justify your $7-$8 share target? I think we see an easy 30% from here, but $8? Am I missing something? Do they have another couple million oz's hidden away somewhere?