GREY:LEWCF - Post by User
Comment by
stock2008on Jan 06, 2011 6:47pm
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Post# 17935832
RE: RE: move up to 20 cents
RE: RE: move up to 20 centsI bought in at 5 cents so I have nothing to lose. What are your targets and estimates for this stock? If the drilling results are good, do you think a buyout is eminent and at what price or do you think leeward has a long term plan of building a mine? Thank you crystaline for pointing out that a mine would cost 800 million dollars. I am still learning about mining stocks. A couple of years back I bought APH for 10 cents/share. Within two months it was up to $1.45/ share and then I sold. Now it is 9 cents/ share. Stocks can move exponentially when they are hot and drop to the bottom of valleys very fast when they are not. I am an optimist on this stock. Anything can happen. A person who bought a $100 worth of microsoft shares when it was first offered would be a millionare today. As another poster said even if endako offered $2/pound and our deposit was proven to be 500 million pounds, our company would be worth $6.25/share. Even if the deposit were half that on the lower end of the scale the buyout price would be $3/share. As I said if the deposit turned out to be 800 million pounds, the buyout price of $2/pound would be $10/share. This is not a pump. This is the facts. Tell me your numbers and what you come to and maybe we can have a discussion about. You can't just call someone a pumper without doing your analysis as well.