GREY:OLEPF - Post by User
Post by
tony1969on Oct 09, 2012 2:37pm
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Post# 20465245
I am going to go out on a limb....
I am going to go out on a limb.... here and say we do not break $.65 here in the short term. There will probably not be any catalyst here for a bit but the update was good and the stock is very undervalued here. We have better (up to date) numbers to go on than we did last month. With the results of the update I believe that any potential bidder has the ability to come up with an NPV that will be similar to the one the feasibility study will demonstrate. Therefore, I do not believe that a deal hinges on the study in order for it to get done.