GREY:LBEFF - Post by User
Comment by
Buxom1on Oct 31, 2007 7:51pm
297 Views
Post# 13729356
RE: Gary - you lied to us
RE: Gary - you lied to usCadomin,
as of October 30/07:
LBE's shares outstanding on the TSX is: 73,921,450
FNX's shares outstanding on the TSX is: 83,859,900
With this latest financing after warrants get exercised we will be on par with FNX...I was hoping that we would on par with FNX because of resource calcs instead
What we should expect next, based on past NR's (just to name but a few):
-the TSX listing which should be any day now
-Q3/07 financials hopefully out around the same time as LBE gets listed on the TSX
Cadomin not quite sure if you have had a chance to look through the The Edmonton Presentation which can be accessed through LBE's web-site - I found it to be very informative and as I was unable to attend personally it gave me a general overview of where LBE has come from, what it has done to date as well as covering which direction it is going in.
As for the EPS calculation imo much will be dependent on what Q3 has to say as well as how many tpd of ore is able to get processed and shipped to China (not quite sure how fast/slow the turnaround is in payment received)....imo once the TSX goes through then many mutual fund managers will be able to recommend LBE to their clients ... currently what the NR's have stated is that the Redstone Mill is processing 200 tpd - I think that once the tpd increases then folks are going to start to get really excited and many will be saying to themselves "I missed out on ground floor of FNX but I ain't gonna miss LBE".
Happy Trails,
-B1-