Re: Near term outlook- No doubt we will be moving higher.
posted on
Mar 11, 2008 05:42PM
I have no doubt that we will be heading to much higher SP especially if we agree that recent comments out of the investor luncheon relative to the size of the ore body has the potential of being larger then Voisey's deposit. What did they say Voisey's deposit was valued at in today prices? Wasn't it 34B or something like that. In 1996 that same deposit was sold for 4.3B or $168/share split adjusted. (August 12, 1994 DFR SP $4.35/August 20, 1996 DFR SP $168 - remember there was a 4 to 1 stock split not reflected) Yes I very much agree the SP will be moving up and exponentially should they prove up the ore size through DE3 and DE4 and so on. It will also be pushed with any successes from other local proximity plays such as SPQ who have recently announced a drilling compaign. Let the games begin.....Very exciting stuff indeed!