RE: SAU News: 43-101 $735 Millionwere back in business! woohoo!
SAU just sold that last 2 properties they had so that they could focus on this play, its all they need right now. The Target for $1.28 in Feb this year is totally obsolete now because that was based on a $2/lb copper price and I think cobalt was lower as well. So we got a 4 cent stock with cash in the bank, a 43-101 worth $735 million, and the road ahead of us, I love it. The only problem is the dilution of the stock. They should have done a 10:1 with only 16 million shares outstanding, this would look much more attractive right now, and at 40 cents as well.