GREY:OLEPF - Post by User
Post by
johnnycash&stockson Mar 06, 2012 7:07am
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Post# 19631556
going nowhere fast?
going nowhere fast? i have lost faith on any short term turnaround. which is probably a good thing. as i see it now, we are valued at $50 in the ground at 5.5M oz. so my new projection is a sale of 9M oz at $100 - $200 and oz., albeit in 12 - 18 months. that would net $2.40 - $4.80 a share.
the only one doubt on my new projection is the curent extreme silence of OLE. but i think current talks will come to nothing as I don't think company will get the full value as it wishes. further to buyouts talks, i guess bad news also leaks and we would have heard chatter whether talks were off. either way, it seems a safe bet to be in at .87