Strange,I find it strange that the pp is totally sold at 2.75, that was a lot of shares, and we go down today. Who would be selling below this, should be huge dam? I bought some more today also, this price is way below logic. I realise you know who will be here shortly giving his opinion, but keep in mind the 400 mtn resource worth $120 Billion. Say we only reach i.5 mtns period, which I dont believe will be true, that is 1,500,000 mtns x $100 profit = $150 mil divide by 200 mil shares = .75 EPS x EP of 10 is $7.75 a share. That is at HALF production numbers our friendly bashers like to insist we be at. So imagine 3 Mtns..... our real goal in the next year.
This is tuff slugging right now but I feel very confident, someone bought those 27 million shares. Short term pain, long term gain. If you sold recently I can not blame you, but get back in when it starts to move. I feel a buyout is in the works.GLTA