Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: Short-term 100MT
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Jul 08, 2010 05:31PM
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Jul 08, 2010 05:48PM
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Jul 08, 2010 05:57PM
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Jul 08, 2010 10:59PM
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Jul 08, 2010 11:11PM
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Jul 09, 2010 08:19AM

Our market cap isn't just going to jump to $4B based on the in ground value. It will be increased through resource estimates, feasibility studies, permitting, environmental assessments, etc. All of these costs a lot of money and to pay for them the share float will increase dramatically. If everything goes as we think it will, we might hit a $4B market cap one day, but by then we'll probably have 3-4 times more shares.

Point: $4B MC possible, $30/share seems less likely.

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Jul 09, 2010 10:02AM
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