GREY:LBEFF - Post by User
Comment by
Buxom1on Sep 26, 2007 3:35am
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Post# 13469303
RE: *************CONTEST***************
RE: *************CONTEST***************Hi Surething,
I figure that with their TSX listing that ISM went from 2.00 to 7.69 - so 7.69/2.00 = 3.845...and if we use this multiple on lbe we have 2.67 x 3.845 = 10.27/share but back then nickel was trading at roughly $25/lb whereas now nickel is at $14.80/pound. Well I am hoping that in the next 30 - 60 days that oodles of good news will be forthcoming which will hopefully also mean that the LBE is on the TSX and if/when thish appens then my prediction is that lbe will be trading @~$8/share.
So my prediction is that LBE in the next 30 - 60 days will be trading at roughly $8.00/share (plus or minus $1.00/share)
Happy Trails,
-B1-