Wildcat investor need meat...LOL
in response to
by
posted on
Sep 12, 2009 11:24AM
The company is now known as FUSE Cobalt.
Now thats funny....!
Hopefully we have some meat delivered soon... I feel the same way.
WEL has long term investors that embraced the SGR story years ago.... and that has paid off in spades for all of us. Taking some off the table on SGR and buying 30 WEL for each of SGR increases the upside...
Could WEL with their projects become a $1.00 stock, 10 bager... most certainly. All it would take is finding more extensions to the Jeep and those veins having the same grade... Hinge type results would make WEL a ten bagger.
The same gain on SGR would require SGR to move into the $30 range, not that it can't.... But that would require an 8 billion market cap. JMHO but that would require SGR to come in at least a 5 million oz resource and showing continuety to significatley expand beyond that.. Short of that I can still see SGR moving into the $5 to $10 range..... Risk is lower but upside % gain is less.
Could WEL drop back to 5 cents.... not likely.. WEL has only gained a miniscul amount compared to it's piers... SKP now sporting almost a $50MM market cap.
$1.00 on WEL is only an $80MM market cap, relatively an easily atainable goal.
Whats required ?..... Meat and promotion!
Thats why M&M's meat shop sends out all those fliers and advertises everywhere....They have the meat and they tell ya where to find it...LOL
Have a great vacation NL
JMHO