GREY:LCPRF - Post by User
Comment by
MidasTouchezon Dec 14, 2012 2:08pm
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Post# 20732061
RE: High Capex
RE: High Capex I think that you are going to be waiting a very long time if you are expecting to see Lumina at 5 dollars per share when the size of its deposit is on the cusp of being doubled. At 5 dollars per share you are expecting Lumina's copper to be worth just over 80 cents per pound of copper before the doubling and 40 cents per pound of copper after the doubling. Maybe if a communist dictator took over Argentina. Maybe if the stock was diluted by at least 40 per cent. Maybe if someone dropped a nuke on Lumina's claims. Maybe the world will end in 11 days time but more likely the world will carry on as usual.