Are you calling me a ramper now?
Yes, I do know what the market cap. would be at $2.
Don't just assume that everyone here on Hotcopper are morons - you could be forgiven for thinking that, but amoungst the rubbish, you may just find some genuine people who want to share ideas and chat with like-minded people.
At $2, MCR's market capitilisation would be around $390m, which if they make around $30m, will equate to a P/E of 13 - not high by any standards.
MCR is aggresively seeking new opportunities - be that by developing their present tenements or buying into new ones - this is where the blue sky exists and combined with their rock-solid earnings from current operations, zero debt and plenty of cash in the bank, this is what will drive MCR to $2 this year.
Ramping - no. Stating a few facts and combining my personal views is what I'm doing.
Persuader.
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