Maplack and Miner:This entry is not a hit against either of you, you both could be right. When you purchase a risky stock, anything can happen! We are not dealing with Alpha Resources or Patriot Coal.
But I am curious to how both of you come up with your facts and numbers?
Maplack: How exactly did you come up with the predicted $2.23 share price dip? Anyone can state a number they are guessing the stock to drop to, but without facts on how you came up with it, really the number is irrelevant. I could say Patriot Coal is going to drop to $15 a share, and in a month, come back and say what you did unless there is a good justifiably reason for a downward movement. The markets in general could have contributed to the drop this past week.
Miner: Where do you come up with another $500 million needed to complete the rehab of this operation? That is possibly a rather excessive number to decide on. The machines may well be ordered, but this is not necessarily info that management needs to share with everyone. It is the more day to day info. You do not have to disclose every move they make, so all their competition knows exactly what is going on in Cline's office. The revenue right now is probably zero! But that does not mean much. I do not expect the price to sky rocket to much until revenue is announced. That will be when the holders really will do well.
Just some thoughts and questions to your posts. Not bashing you too, but like to judge posts based on info.