red bore history, page-4

I get what your saying but I think it's overly optimistic. I don't think you're far off the money BUT if it was a simple as you say then the value of the company would already be $145M because what they have at red bore now is just about what they had when it took off way back when - BUT it isn't, it's $30m (and I reckon it'd be ~$40m without all the sell side BS) so something else is missing.

I think the SP could easily get to 50c (I'm not saying that's going to happen on Monday) BUT I think holders or prospective holders need to go back and have a look at what (say) SFR had to deliver to generate a MC of $100m (THX ~ 40c), $250m (~$1) and $500m (~$2) before getting excited by the potential for those kinds of numbers at RB.

I don't think a couple of holes at the gossan are going to make take THX from a $30m company to a $250m company in a week. I just don't see it working like that. Maybe with a solid drill program over a few months.

And has anyone given some thought to this (based on how THX has done this in the past few years) - punch out some good numbers and then stick the hand out for some cash?

I've been saying for a while that a CR is due in some form or another. July/August seems to be the preferred time of year for THX to do that.