RE: RE: Bubba.../ Gold-Doom + Tibberbut I think Plenri just knocked your argument right outta the park.
Not quite Bubba ... As of Sept 30, 2006 (per financials) there were 120.2 million shares outstanding plus 7.8 million options and warrants. Since the price jumped in August 40-50 million warrants were excercised in Q3 2006 so I stand corrected.
On another note in Sept 2009 (per financials) there were 172.5 million shares outstandign 6.4 million options and 32.8 million warrants all excercisable under 20 cents. So if an accord is reached we should be using the higher number 211.7 million shares outstanding.
So assuming market conditions are exactly the same (which they are not) then $1 in 2006 is 60 cents now ... add in the "nobody's touching juniors right now unless they have awesome drill results" syndrome and you can discount that 30 to 60 percent (just a guess).
bottom line, aside from all this price speculation, my main point previously was that the risk reward is exponentially higher with an accord than without, even at double or triple the SP. And after the initial jump on accord news the price will come back down to earth so there will be lots of buying opportunities when things are more certain ... I am certain.