GREY:NWSKF - Post by User
Post by
FANTOMASon Jul 11, 2011 8:41am
416 Views
Post# 18816828
Mr. Flannigan and thoughts on buy-out value
Mr. Flannigan and thoughts on buy-out value... is a little bit too much on the optimistic side of things.
Even if we find more breccia zones and add ounces more quickly to become "one of the largest gold discoveries in Mexico", we will be bought out long before $ 20 !
The big players need deposits like these and I would think, that a figure of around $ 200 per in-situ ounce is certainly not out of the question, maybe closer to $ 250 / oz. in a "bidding war".
So I see a MAXIMUM (!) buy-out value of around $ 10 / share fully diluted (111M + 9M for future financings) in the not so distant future, because NES won´t be able to fully define what they really have here !
FANTOMAS