TSXV:EPO.H - Post by User
Comment by
strabismuson Feb 10, 2012 2:37pm
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Post# 19517447
RE: Target Price?
RE: Target Price? That would require a rundown of what lays ahead. Read my previous post putting a target on of .85 cents in 3 to 4 weeks. With the success of the vote and new drill results we should stay within .10 of this new range.
From there we have a new resource estimate coming. Add .10 or an (.80 to .90 sp)
With new drilling on our 55000 hectares of former and newly designated land amounting to results releases x 3 perhaps over 12 months, add another .30 - lets say in the (.85 to 1.15 ) range.
Factor in the completion of the environmental assessment already underway and a prefeasibility study completion and we are really looking at a $1.45 per EPO share within a year.