RE: Hold, do not sell and be richI don't know whether to laugh or shake my head and think what kind of business sense some people have.
NML will not see $40 per share nor will it see $10 per share.
From a pure business/dollar-wise approach, NML will be taken out via a hostile takeover. That being said, if a bidding war were to come into play, we would be very fortunate to get $3 per share (with $2 more realistic).
Think about it. Paying $300,000,000 for a proven resource is more than reasonable, because whomever develops the resource will have to put billions into it.
Anyone who says otherwise is either simply in possession of some great drugs or has little or no sense of business.
Yes, NML has a lot of iron in the ground, but setting up the infrastructure to mine it and all the other costs involved will not let any of us near $10 per share (unless we were to hold this until the mine is developed possibly in the years to come).