GREY:EORBF - Post by User
Comment by
Fnordon Dec 18, 2011 1:13am
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Post# 19332533
RE: Alice Tsang Top picks for 2012
RE: Alice Tsang Top picks for 2012The phrase that cought my attention was "...also expecting sales contracts coming anytime". This is so critical. Forget the updated resource estimates and all that. If they make an announcement that they have sales contracts for the HPA, that will be the next big turning point for this stock IMO. I don't think there can be too much doubt that they can make the HPA to spec, and do it cheaply, but the small size of the HPA market has many analysts and investors cautious at this point because they don't know how profitable it will be in the short term. Securing a market for their HPA at decent prices will be the next important de-risking event for the stock IMO.