Post by
skipjackmack on Dec 06, 2011 11:58am
Eldorado are gonna need to offer...
...at least double the current SP to even get management to sit at the table and talk with them...and even that's an undervaluation...I'll not tender my shares for less than $25 cash a share, unless I'm forced to, of course ;-) I read a report some time ago that suggested a $40+ target over the next 2-3 years...can't see that far ahead given wild swings in this market. Another BIG plus: any shorts could get well and truly BURNED on this one...major ouch...1.2m shares short on the Pink Sheets as of Nov 15, 6+ days to cover...hahahahaha...trading resumes at 12.15 ET...gonna be an interesting couple of hours...way to go all longs!!! ;-) sjm