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Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Goldstone Resources Production Valuation

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Prospector Jim

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Re: Goldstone Resources Production Valuation

in response to Goldstone Resources Production Valuation by lazyinvestor

posted on Dec 10, 09 03:58PM

In my opinion you are grossly underestimating the Gold on the Ontex property. It has never really been properly drilled and developped.

Dont know about Hardrock but the Ontex property could potentially have 5 million Oz on its own.

Any CEO worth his salt does not bother to do this for an 80% upside. They are looking for the 10 to 20 times uplift, so your $19 price target is more realistic.

I would hope that Mr. Sheridan gets there as quickly as possible.

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