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20:07
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Originally posted by posiedon ark
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Hot- Investor..........could not agree more, this stock is heading in one direction as soon as we get rid of the weak hands. Friday's Bar charts had this as a buy at 56%, today at 10:30am they revised their buy to 100% with the short and long term remaining the same. I expect very positive news to be with us in the coming weeks, with details of everything people have been waiting for. Added to this a very positive outlook for Tungsten Prices. Has anyone done the figures on how much our resource is worth? it may be a very good idea for people to do their math on this. My opinion only, I believe this will be a $500,000,000mkt cap this year. Cronement are also being an alternative Energy Mineral supplier, bu being a partner with SEI, this will allow them to enter via SEI into our Chile Lit resource. I would also expect this little gem to grow into a dividend paying company into the future. I think once news comes that secures our ownership and our funding, we will have a definite mine start up date. I doubt Cronement would have left up to 3 people on site to start imitating the modification to our plant, if they were still undecided. To my knowledge we are only waiting for the finalization of documents. So hang in their if you want real profits if not then please just sell up and leave.
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While I want the SP and MC to increase obviously I think a $500m MC this year is dreaming personally given we are only $18m MC currently. It will take some time to get the plant up and going at full speed etc. so lets not have wild dreams and be abit more realistic ah. Personally I am not setting any targets at the moment until I see the details of the deal.
