TSXV:TGR.H - Post by User
Comment by
Bthereon May 07, 2014 2:20pm
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Post# 22534701
RE:sp
RE:spHi Highlander,
If you do some digging, then you will notice this is a little gem. When everyone wakes up to notice this. The SP will be a lot higher than today. I can only guess, since the market fluctuates everyday and trying not to do any pumping here. I will put some links for you to read and perhaps you can come up with a reasonable SP? But as you have noticed, this is a tightly held share with only 10 million fully diluted and perhaps 2 million in float. So the spread for the asking and bidding may be far apart and illiquid. Of course, the reward can also be very huge.
A little history: notice who is the reporter and he is now the CEO of ECR.
The JV deal with ECR.
From ECR's prospective of Itogon.
Drilling Contract
First phase on drilling completed.
So as you can see we now wait...
Compare to some companies with similar potential, they are sitting with a market cap of $100 million or so. Your guess is good as mine as to where this SP should be (much higher than what we are currently sitting at IMO). Good Luck.