OTCQX:CNSNF - Post by User
Comment by
stillbobon Sep 07, 2014 12:29pm
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Post# 22913703
RE:A dollar you say
RE:A dollar you sayThe scenario that can get us to a dollar is CEM getting enough tonnage to make for a SURE mine (not taking into consideration any battles over environmental concerns). Palmer needs a valuation of at least $250 million for CEM to be valued at a dollar, which should be rather conservative considering the high grades and logistics of the deposit. There's also a chance they could hit some "bluesky" on one of the holes drilled by the 3rd drill. Maybe the big question is whether they can accomplish all this THIS season.