going to bolt if assays are good, page-6

Kid007,

Setting a 3-month price target is extremely speculative. There are so many crucial variables that could result in an extremely wide range of outcomes.

If the assay results, are, say ordinary, then, we could see the share price plummet to whatever. I personally don’t believe that a poor result will eventuate.

If the results come back with say over 60% Fe, then we should see an immediate rise in share price to say 5c. Then we could see an approach from someone like iron ore hungry Sino that could double the share price to 10c.

What will the share price be in early 2010 – after more detailed drilling (paid for by Sino?) – will be another question worth waiting for an answer!

This of course is mere speculation, and the market will do its own thing, and settle where buyers and sellers will eventually argue over half cents. I like, probably everyone here, simply don’t know, but I’m just throwing those thoughts into the ring.