Re: RMK ONT Merger
in response to
by
posted on
Oct 16, 2009 09:17AM
Focused on becoming a near-term Gold Producer
Sage is not getting rewarded for some reason--do not know??? I base my opinion and hopes on the fact that KXL is not either. I thought two years ago that KXL was the real deal. If KXL really does have something of value--they are not getting rewarded either. I am basing the KXL opinion on the fact that it is worth 1/9 of what it was selling for about 2 years ago.
Are the two stocks fully valued today? Are they a bargain at these prices? If they are bargains, what are the reasons they are bargains? I do not know how to value these companies other than saying that they are worth whatever someone is willing to buy them OUT for? Is that what everyone is waiting for? Has to be, because they do not have the money to be a producer? Kinda of like rolling the dice--its like a game that never ends unless something hits or you get tired of watching and go to another table.