RE:RE:Who's buying this? I'm telling you guys........Richard likely already has a line on who's moving into the financing role already. An opportunity was created with a little strong wording and now positions have been taken on the cheap.
I will be very interested in seeing updates on both insiders holdings and top 10 institutions. I'm sure positions grew with some new names added.
End of March brings some solid footing and then the plan will unfold. Patience here will be rewarded, (like 3-5 years patience) but nonetheless, the story is compelling enough in my mind to sit on my hands for a few years.
If they reach 400-500k oz./year in 5years or more, I see this as a $9.00 - 12.00/share stock with upside to $20 with future buyout. Even if there's 500M shares and 500M debt. Along the way I suspect bounces (after the market accepts the recapitalization plan has been completed) & dewatering issues resolved etc.etc. Bounces to the 3.00-5.00 range within 2 years.
these are my thoughts. Last week will be long forgotten news in 3-6 months.
All JMHO
PonyBoy Outsider