GREY:SGGDF - Post by User
Comment by
martinishakeron Oct 27, 2007 12:46am
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Post# 13701721
RE: And what will monday bring.....hmmmm???
RE: And what will monday bring.....hmmmm???Great post. We go up or down on speculation that we got the goods, and it leads to a feasilble mine, or that Kodiak needs wants our property to average down its fixed costs. Their will not be two mine opperations next to each other. Who knows if all goes well, we may aquire Kodiak, or it could be a JV. We could have more tons, in higher connentraions, with less overburden, we may not. Again pure speculation. My odds say 75% chance we have spectacular drill results like Kodiak did. In that case 200-300 market cap at a minimum (which is a 4-5Xer). So In My Opinion, .50cents is super cheap. On the 25% chance of less then spectacular drill results, i feel they will still be decent and Kodiak would love to have access to an additional resource. So short term, and long term i dont see much downside.