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Alpha Minerals Inc ESOFD



GREY:ESOFD - Post by User

Post by djimi007on May 27, 2013 11:19am
322 Views
Post# 21445312

Hello

Hello

I'm new on this board; I'm from Belgium (French speaking part of it, for those who know), and glad to join you right now.  I've been following AMW for about three months now, and if we don't worry too much on the volatility and/or manipulation, this one seems quite a bargain at this price... So first question, but I think noone still had an accurate and "for sure" explanation, but how is the stockprice artificially influenced? Second question, could someone reevaluate the approximative pounds in the ground right now. I personnaly don't find too optimistic to say that it will be sold at around 10$/pound. 90 million pounds(??? only e.g) would mean more or less 900 million, which would mean a price of about 15$/AMW share (maybe after the summer and fall drill programs???).Other question... The calculation above would mean that AMW=PLS, which is not true. Is it possible to evaluate the rest of the business(pessimistic, optimistic...)? They had, if I'm correct, about 20M in cash before the winter drill program, which should cost about 3,5 M. Do they have other expenditure (for other projects???). Thanks to the most serious of you...and sorry for a few probable mistakes...

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