GREY:CEXPF - Post by User
Comment by
Crazy_Hendersonon Oct 21, 2010 2:08am
269 Views
Post# 17591277
RE: RE: re...mickey fulp interview
RE: RE: re...mickey fulp interview"Mickey Fulp is good and he doesnt care about this story. Keeping trying pumpers"
Cay has as good a shot as MDL. I don't know why you MDL guys keep bashing us. Yes, MDL currently has 24mil shares outstanding, but 41mil fully diluted. With upcoming financing it will be over 50mil shares outstanding and if they offer full warrants over 60mil shares fully diluted. How long do you think MDL will be able to support a 40mil market cap if they don't pull something spectacular out of the ground? MDL has two properties, while CAY has 5 properties. One of MDL's properties is next to RA who just tanked on drill results. RA came up with 5% HREE at Red Wine and this is MDL's "heavy" REE project. Eden is light REEs. CAY's Welsford property has reportedly "high values (that) represent concentrations comparable to those found in the richest heavy REE deposits in the world."
CAY may not hit anything spectacular but it currently has 12mil shares outstanding, 17mil fully diluted, with a current market cap of just under 4mil. Just on frothiness in the REE sector alone, CAY could easily attain a 25mil market cap, which would put the share price at around $1.80. So, yeah, I guess I'll keep trying.