RE:RE:RE:a big run
Warlockkk wrote: Sorry got a little mixed up with pages, LAB has a MC of $250million. If we turn up with what NFG has now, that would mean a 8X jump in S/P. They havn't even scratched the surface yet and we are just getting started!
A market cap of $250 million dollars without one good drill hole. Be careful. NFG earned its market cap with well over 100 drill holes hitting very high grade gold over significant widths. I'm not saying LAB didn't hit something significant (I have no idea) but I'm just saying keep in mind the downside if the results aren't what you expect. Just because they have got visible gold doesn't necessarily mean they have excellent drill results. And I'm a LAB shareholder. I hope they have got great results but I do remember not to long ago this one was halted and the results weren't great. The stock sold off hard. Keep some dry powder just in case.