Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:RE:RE:RE:RE:Question

[fishcarrier]

Well, we aren't getting a good answer to the QUESTION of the value of this mine. Lafajet mentions 2 things above:
1) an updated resource estimate
2) further successful drilling, then
3) value of all the refurbishments and equipment added
4) work already done to bring ore up, and finally
5) production.

Seems to me once this goes into production and we add in the value already developed plus the expansion in drilling and resources, we should get much higher than $2.30. The stock has already hit over $2.70 in the past 6 months. My guess is that at production the stock should maybe hit over $3 momentarily, then settle in at  the $2.75 to $2.95 range, especially with the epected rise in POG. Just mho.