RE: RE: RE: RUSSIAN STRATEGY 2 CAPTURE MKT?It all looks very normal and to be expected, from where I see this. The owners are under no pressure to do anything at this particular juncture. They will look at all their choices, and like everyone will respond if suddenly things take a big turn, in particular they will not be ignoring metal prices shooting up. We had one comment about the costs on Prognoz: well say it costs 400 mill. for a road, for example. But if silver went up 10 dollars an ounce, how much would that represent? Everyone is the same, and these folks are no different. You make a plan, you move forward on that plan, BUT if things suddenly diverge a huge amount from previous expectations, and the basis of your plan, you review your options. We may see that here, we may not. But as far as value, whether they buy out the rest or whatever, it is still at this juncture a Canadian Company. There are minority shareholder rights, there are rules about disposition of assets, whether the BOD, or a control group takes such steps. So relax, the games are on. Its pre Olympics, and we are only in the qualifying stage.LOL
Right now, its early times, and I think little will be expected from these folks for a bit.. If you like the odds, the assets etc. then you buy this on ANY pullbacks now, because it is just games, positioning, cash needs or whatever. The BIG picture is what will drive this, regardless of the chatter here, the plots, the expectations day to day, and here minute to minute even. That big picture is this: costs, production, reserves, and managment, coupled with whatever happens to the metal markets. If the markets take off, even these folks, with all the plots and subplots, will see this at far higher prices. Is just the way it is folks. NOT complicated at all, really.IMO
Bottom line: I see .20 as absolute minimum target here, with more, much more having a great shot. That IS where the games will make a difference. In any case, buying on ANY pullbacks here is as close to a sure thing as you might see for a long time in this sector. This IS a gift, really, it is. So do not over think this one, I think it is a fleeting opportunity.IMO