GREY:NWSKF - Post by User
Comment by
patpostroon Apr 27, 2013 1:00am
115 Views
Post# 21309328
RE: RE: RE: that mOron frankman
RE: RE: RE: that mOron frankman Do you seriously believe what you just wrote? The technical report will lift the black out and additional drill results can change the game quick.
Btw, don't listen to "specboy2011" his 700+ ignore, instead focus on this"
"The strong projected economics are accompanied by an interesting location amongst existing producers and developers in a secure jurisdiction and we believe M&A activity is a very real possibility.
The Company is well financed to continue work through 2013 and weather the current unfavorable equity markets. The bulk of our net asset value (NAV) comes from the Ana Paula NPV5% ($374 MM) to which we apply a 0.9x multiple resulting in a $2.30 target price. We rate the stock a Buy (S) and look forward to the PEA as the next significant catalyst."
Nuff said.