RE: Staylorpi...good questionDear Boss, Like you, when I read Ed Gee's comment heavily discounting his gross value estimate, I also thought,
"What the heck?? Isn't that overly conservative?" I think he intended to show that even heavy discounting left so much value at Pinaya that there was little doubt about a very strong future for ASD — like saying to a bully,
"Oh, yeah? Well, I could beat you even if I was blindfolded and had one hand tied behind my back!" There's also the factor of much metal being in the ground, but not yet in ingot form. Technically, it's not real property — yet — but only a "most likely". Well, putting mining lingo and traditional concepts aside, I'm more than satisfied with what's "most likely" and what will probably be smelted into bars in late 2008. I apologize for my forecast of $.30/share moving to $.60/share in a year. That was only to illustrate my point of "100% in 12 months" being easily attained, but may have been misleading. $.60 is certainly not a forecast "top" for 2008; far from it. Realistically, I expect a share price of $3-5 sometime next year, with a temporary overshoot to a much higher area. Yes, yes, I know there will be posts here vigorously debating the above price objectives, but those are my estimates. At $2.75/share and rising, $3-5 won't look so outrageous. Target prices never do...when they're finally within reach. About that time, you'll be reading BullBoard posts from speculators congratulating themselves for buying on dips below $2. —Staylorpi
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