RE:RE:RE:RE:RE:$5 sh for erin, how? please answer.IMO, it would have been the "Geological Elaborate" recently completed document that would have convinced Temas that they were partnering with Erin.
Yes, Temas completed their own dd process, however the Geological Elaborate, with the certification of the Resource or Reserves, and the Preliminary Economic Assessment of the Piskanja deposit would have been the convincing pieces of info that committed Temas to the project.
With regards to the share price movement, it's difficult to determine where the price will go after News is released this week. Should display large volumes of trading and of course a speculative price drive.
The fellow who has claimed to have drank borax and who has a brain injury may not be to far off in his price prediction of $.75 in the near term.
When the original PEA was prepared back in 2014, prior to the 7:1 rollback, when we had 317M outstanding shares at the time, I was advised by a reliable source our share price upon receiving the mining license would be $5/share and going into production after the mine was built would be $11/share. These numbers were caculated based on the PEA figures which were ultra conservative when SRK prepared the document. I might add an additional drill program was completed after the rollback and the boron tonnage was not included in the PEA.
When you examine the big picture, there is a long list of items which will increase our price from now until we reach production.
Remember you are dealing with a Tier1 boron deposit of which there are only a handful of properties globally, and we are one of them. GLTA.
The high speed train is about to leave the station this week, so climb aboard and enjoy the ride!
(bb-99)