GREY:EORBF - Post by User
Post by
Tbonepickenson Sep 19, 2012 5:37pm
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Post# 20387972
$10.00 share price target
$10.00 share price target With a "buy" rating and a $10.00 share price target there is still plenty of meat left on the bone for those that want to get a position or add to the position they already have. The good news in this case is that this company is Quebec based and the Quebec government has already given them a 20 year lease on their permits. This is huge to have government support, especially in a province that desperately needs to create jobs and add revenue to their coffers. The further beauty of this company is when they start cashing in by licensing their technology to others thereby sharing in the success of all those willing to pay for their technology. It reminds me of that line from a Dire Straights song "money for nothing...(and your chicks for free)" Once the stock hits around $5.00 per share I wouldn't be surprised to see some institutional buying as part of a mutual fund portfolio. Anyway....onwards and upwards. Good luck to all the longs.
All the best to all the rest.
Tbonepickens