HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Valuation
12
Aug 27, 2008 07:11PM
17
Aug 27, 2008 07:56PM

Re: Valuation

in response to by
posted on Aug 27, 2008 11:12PM

Okay, I'll take a shot at this. Based on my strato-ciphering rule (which is counting with my toes), I'd say that right now, Eagle One is worth $3.50 a share and WF is worth $1.25.

The rest of the blue sky (BB1 & BB2, AT 1 & AT12, Eagle Two and the JV with FWR) is where the real money starts adding up. We know that we have something significant, but to what limits ?

Nobody ever mentions (anymore), that $68.00 a share price that Misfit1 quoted a year ago. Or even the $100 SP that a few shouted out, during those early Eagle One days. But we have WAY MORE, now, than we did then, so shouldn't we be thinking bigger, in terms of SP ? Of course, the bear market has made everyone set their sights much, much lower. But what about when we turn to the bull market again ? Will we hear those big SP numbers being thrown around again ?

Call me a dreamer if you want, but anything is possible in this world.

I won't make a guess on what I think the SP should be at right now, with everything we have ongoing. But I will say that I think our SP should be at no less than $5.00, with what we have on the table.

So the current SP is either due to how bad the markets are right now, how bad the manipulation is right now, or a combination of both. But you already knew that.....

strato-dream

18
Aug 28, 2008 03:46AM
17
Aug 28, 2008 06:39AM
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