Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Realistic valuation
5
Jul 15, 2011 03:20PM

Some of the numbers being thrown around here are rather high, in my opinion. I would LOVE to see a takeout for even thirty cents. But I don't see the SP at a dollar or more at any point in the next year. The market "looks ahead" six months, according to conventional wisdom. Now I'm not a big fan of conventional wisdom, but it would seem to me that if the stock is "almost guaranteed" to be trading for a dollar within nine months, it wouldn't be trading at 8-9 cents right now.

I hope I'm wrong!

3
Jul 17, 2011 07:28PM
5
Jul 18, 2011 10:12AM
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