Post by
k22k22 on Jul 04, 2016 4:15am
Price prediction on positive PEA
For the sake of boredom while we wait for anything regarding the PEA, does anyone have any wild speculations on how high the price will rally on good news and then fizzle out once the buyers are exhausted? Please, no prediction on negative PEA results, can't stand to consider that after waiting all these years.
Comment by
mrrbc on Jul 04, 2016 10:02am
Slow morning, I'll bite! Good PEA announcement...run up to .30. This will be followed by; (a) JV...run up to .75, or (b) Buy out at $1.25, or (c) Financing...trace back to pricing, i.e. $0.15 Anyone else? MrRBC
Comment by
Kodiboy on Jul 04, 2016 11:47am
I don't think you can predict the effect the PEA will have on the SP because IMO, the PEA will be made in conjunction with other material news...just my gut feel.
Comment by
Kodiboy on Jul 04, 2016 12:50pm
Hey Mike, on the last tech report recently on Sedar, they didn't have to divulge the 2017 drill program at that time, or did they? Thx...