Email Updates

AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: What are the realistic expectation for this stock?

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

AGORACOM-GT

Rank: [?]

Administrator

Points: [?]

7857

Rating: [?]

Votes: 162 Score: 3.8

Currently 3.9/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: What are the realistic expectation for this stock? - crazydik

in response to Re: What are the realistic expectation for this stock? - crazydik by ArizonaRanger

posted on Nov 10, 07 03:50AM

Good morning, gents. You'll actually note that we inserted a sentenece into the PR that all committments to the PP had been made on or before October 31 -- before the run-up. Nobody expected the run it would take.

"The financing was priced based on the discounted market price on October 23, 2007 and confirmation of price protection. Commitments to the private placement were made on or before October 31, involving significant investors such as the Sprott Opportunities Fund, led by Jean-Francois Tardif and recently named one of the Top 50 Hedge Funds in the world by Barron's Magazine, as well as, one of Canada's largest publicly traded resource investment firms. "

However, just like NOT's similar situation, it is a good sign when investors realize the current and potential value of the company.

With respect to % of proceeds being used for the proejct, I don't have any precise numbers but can easily say that the overwhelming majority of funds will be used to advance the project. Ontex has a very small operating team necessary to continue the work. No fat in the system here.

Best,
George

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »