good post original,
Very valid issues, the $3 barrier, is really the 1 billion dollar mc barrier, cw progress, pilot plant.
A long way to go to commercialise the full scale thing, and probably expect dillution to fund it.
I think with the stellar run to date, a lot of time money investment thinking, will rationalise, that there may be a 6 month period of consolidation in the 2.50-3.50 area, and people can see bigger opportunities elsewhere, such as the
35% gain blk had yesterday.
The sector is hot, thats for sure, and those willing to pay the tax on profits (or simply use it as an opportunity to get rid of some losers stocks at loss, offset against)
would see multiplaction on these smaller players.
Keep our eyes open for the next level of juniors entering the field, such as BLK, GLX. They will have their run as well, and eventaully enter into the consolidation area that LNC finds itself.
good hunting.
cheers.
good post original, Very valid issues, the $3 barrier, is really...
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