BSKeep on bashing Greenday. It's doing you a whole lot of good. I think its about time you crawl back into that gloomy little hole you came from over on the FCU board. Doubt there's much interest in what you have to say over here. We all know where Arrow is going from here. Do a little research and even you may make a buck or two.
Greenday wrote: The new financial metrics Chang uses in his DCF model confirms the elevated risk level of NXE's future cash flow. Chang makes a 10% discount rate sound like the harder comparative is only a blue sky bonus on top of his price target but in reality the 10% discount rate is also a function of a higher risk profile. For his "bonus" to actually materialize, considerably more infill drilling at Arrow is needed to confirm the resource estimates and satisfy more than just speculative investors. Until that happens, his financial models are out in front of his resource models and the risk remains.