BLZ 0.00% 0.7¢ blaze minerals limited

Agreed Graza..lots of shares .However , the market cap @ the...

  1. 2,123 Posts.
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    Agreed Graza..lots of shares .
    However , the market cap @ the moment is only $10m ...and when fully diluted in 2014 only $18m.
    So it really comes down to market cap . and ratios imo.
    If we were to have some short term exploration success and the market cap warranted say $50m that would move the sp to 7c ...I would be very happy ...a 5 bagger from the current sp.
    I can afford a million BLZ, but I sure can't afford a million EXT ,although I would love to be able to !
    I suppose the question is "What is the likelihood of success that will get us to a market cap of $50m. versus the likelihood of EXT going from $7 to $35 ?"
    Its all about ratios .
    Good luck to all here ..we all have the same goal .
    regards
    Q
 
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