Post by
rishshah1 on Sep 06, 2011 11:16am
company value with my calculations is 6 $...
...it has a lot more value if you put the rest of the deposits, the gold and the iron ore projects into account..i think you can easily put a value of 8 - 10 $ a share once development of these properties take place...at under 2 $ a share..this is an extremely cheap stock that has actual production of over a million tonnes currently going to 3 million tonnes...
Comment by
truefriend1 on Sep 07, 2011 8:18am
Could see nice bounce to 2.20 today and hold there if market is friendlyJMO but it is due.
Comment by
stockhousepundit on Sep 07, 2011 9:08am
If WLT is any indication, up $15 in the pre-market, you may be right.