Projections
posted on
Mar 28, 2013 02:47AM
NEW: now 100% interest in the Guadalupe Property in Sonora, Mexico (Jan. 2012) / Best intercept: 37.8 metres of 6.51 g/t Au, 678 g/t Ag
Okay....
Gotta admit....I was eagerly waiting for news on the 26th.....to be frank with everyone....I like the news I recieved better than the news I was expecting.
Business does not work on a 'just so' dynamic....the fact this deal was extended for 10 days to transfer land titles in a lot of ways only solidified my original idea...and somehow got me hoping it might be better than I initially thought.
To slow my roll a bit....
The grades pulled on this project were phenomenal...the gold was great...the silver was the real winner...and the copper is amazing thus far.....the difference being that in most deposits people go after the copper and the Au/Ag are credit metals.....if you do the math youll find that in this case the reverse generally looks to be true.
That being said....
I been in on this stock for a while, I love it, the story is great, the management is great, the potential is great.....however....
The state of the CDNX/Venture absolutely sucks.
My contention: regardless of the share price I personally believe we have a winner here. The deal enables longevity and a free ride....in these markets that huge.
My hope: BVN says 'hey man....you got a F***'in winner here....and buys us out.......or drops 3 drills on the property and goes to town.
My problem: regardless of any form of value.....the markets suck so bad that we get phenomenal news and we get no pop in the price.
Personally...Id love to hear some opinions in the next 8 days regarding what people think will happen, and projections on share price going forward on news.
Ill open the floor....
My gut honestly tells me there wont be much of a pop...but going forward...I think BVN wants in.....and all liklelihood indicates the value is there and its merely a patience game. Sadly were missing a lot of the drivers required to propel the price the roof with a market like this, but I feel any company would look at this property and the price to buy us out and we could circumvent the market.
I say .50 +
Love to hear some other opinions on this...
Rogue,