Re: What Did You Pay For Your Shares..???
posted on
Sep 16, 2011 02:12AM
Rinky, on behalf of all the hub leaders, I'll say thanks very much. So many of you continually give the leaders lots of credit, and it's very nice & appreciated, BUT, this really is a Team effort. All the posters on this board, the people that read but don't post, or very little ( trust me, I know quite a few, and they are very smart SLI investors), and most importand our Management Team, it just seems like this is meant to be! I really do believe, This Is Meant To Be!
Now for the math, there are so many ways to speculate, change numbers, scale or don't scale, etc, but the bottom line with the numbers I use, is that I think they seem very conservative. I keep them that way, just to always remind people, that the $20 or $30 possible offers, even though they seem fantastic when you're trading at $2, they just do not justify the DD that has been done,IMO
I have a hard time believing myself that a company will settle for $150 per OZ in the ground these days, and that's what I use. So when you do that, scale it, use 1g/T, etc & still get over $ hundred bucks per share, WOW!
I think I'm low, possibly very low, but I sure hope it helps the people that think $ 20 would be awesome, cause I sure don't!