NST 0.58% $13.96 northern star resources ltd

merger & aquisition imminent!, page-8

  1. 1,195 Posts.
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    josh... ghwaihir mentioned he bought in at 16 cents

    Bill has proven to be good at maximising the value of the Paulsen's asset... what will be interesting will be to see how he performs on other lodes. He has had 7 years on Paulsens so he should know it well.

    Personally I hope the money is used to develop Paulsens as i think that is where Bill's circle of competence is.

    When I bought in at 11 cents in the back of my mind (even with gold at $800), I made a note that if he does everything he says he will that this stock could reach 0.50 to 0.70 cents in about 3 years... As it turns out he has exceeded expectations and the share price is at $1.00.

    Momentum could push the stock to $2 or $3... but we still haven't seen any plans which suggest the stock should be priced any higher than $1.00

    This is now a $400m market cap company. There aren't many $800m market cap miners producing 100k build a company that justifies a share price of $2.00


 
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