GREY:COLUF - Post by User
Comment by
speckyon Apr 10, 2010 3:36pm
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Post# 16978277
RE: Valuation change with permit?
RE: Valuation change with permit? In My Opinion,the permit will put this around $10.Once the results start flowing again $12-14 Dollars.I'm of the opinion that gold equivalent will be minimum of 8 million ounces once the company works out a 43-101.Blue Sky with new lands in company portfolio and an offer will come in around $20 . If no offer comes forth prior to the mine being put in place,the stock will be $40 when in operation.This is a cash cow that will immediately start producing dividends and huge net profits.
Either way is okay with me as a share swap works for me !
I expect that we will soon start seeing wild swings of $2-$3 dollars on large volume ...much more volitilty than this company has seen which will not be for the faint of heart.
Good luck to everyone and good fortune!
Specky