RE: target price???I can honestly say that my Target price is between 3 and 5 dollars for this stock...
Why??? This hole area is going to blow open... oil, gas, coal! The coals is there! Shale gas is there... and oil is there... any of the three stocks Gxs, wtr and smi are going to move... SMI will be in the lead with their affiliation with First Nation Partnership....
Yes.... this is a venture play.... and yes.... we are at 30 cents... But.... when this puppy starts to move... who is going to sell?? The day traders will be squeezed... as they are not getting my shares....
So once this play gets out of Howe Street hands..... which it is ... we will see massive returns.. its your choice if you want to be there...
MY target remains at 5 dollars... 250 million dollars market cap... will be cheap... optimistic No... smart yes!
Wait and see what the future brings...
et