GREY:COLUF - Post by User
Comment by
stalwart1on Apr 10, 2010 12:07pm
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Post# 16977858
RE: Valuation change with permit?
RE: Valuation change with permit?Woolco, being fully permitted will drive the stock to 9-9.50 in my opinion. The biggest thing that will happen at that time is, we will have a very large target on our back for a takeover as having full permits in place takes the risk out for a suitor. As for assays, from what i am hearing, there is about 16 holes sitting in the labs, with drilling continuing. Where the sp goes once the dril results start to come in.........thats up to the markets, but if they even closely resemble the previous drilling numbers, i could see 12 bucks in the next 2 months.
You can research historic drill core numbers on the company website.