RE:RE:RE:RE:RE:ShowtimeI agree even there is still upside potential just not as much now, but the good noews is that they now have the cash to start the mine and drill which mean there will be catalysts to move the price.
I will be using 700 million shres to calculate the market cap now. so $.025-$.30 sounds about right if they are successful at getting production to 85-90k Oz per year.,then I see a 10 for 1 reverse split. within a year.
I think there is Time to acumulate a position below 5 cents as Exchange rules state that the PP has to be near the Closing price of the stock, with a minumum of 5 cents, therefore someone will be dumping sacraficial shares into the marked to keep it below 5 cents untill the deal is Approved by the exchage.
I have seen this so many times, Just still just my opinion
Jumpenin