In a serious gold boom "over time" reckon this is a 2 buck stock Rogues ....... assuming no further dilution beyond its proforma 500 mill shares to project funding of course.
My call is y2011 for next major peak POG. Cos any 100K ozs pa producer with a coupla mill ozs in the kitty in a (likely?) POG USD 2250 macros backdrop (inflation adjusted 1980 equivalent) will be worth a billion bucks market cap. Actually Kondratieff Longwaves point toward more like USD 4000 / oz, tho reckon thats later when we have to hyperinflate the money supply to try and get out of the debt default blackholes everywhere else in the global economy.
IMBOOC
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