BK,

It strikes me that MJ is simply stating that his current valuation for safely getting in is the 2.50 range (however accurate/inaccurate) and that if future results, of the kind he needs to prove mineable resources to his own estimation, come out and raise the price to the $6/7 range, he would have no hesitation at jumping in as that would turn this stock into a much more secure venture and the price would still be cheap. If MJ is a subtle basher, he still writes with a practical approach