Bargain Basement Prices Are Over Anybody who wants to get in on SHI now will have to pay around 15 cents (or more), just about the same price where CXO was just a month ago. Who would of wanted to load up on CXO at 16 or 20 cents back then???
I believe we're headed the same direction. The current sp doesn't even represent the proper proportional value with CXO related to this JV, besides that, once they start drilling new targets on Man Prime (on their own) with the new money, that will quickly attract more investors and raise market interest.
Eisler is an old mining business man, he knows these fields, the knows all the neighbors and a lot of the players in the field. He's put a good chunk of his money into this to make it worth his while.