January 23, 2013 09:09 am
This one needs to be on everyones radar this year
I was just looking over the charts again to see the potential. In 2007 the stock traded over 80 cents at one point and probably averaged 40 cents for the year. That was just prior to the the legal battle and IMO is a reasonable target for their coming year because I believe we are now further in the permitting then we where back in 2007.
Considering the proximity to the Port of prince rupert build I feel that this company will be taken out in the next 12 months. It could happen as early as when the company obtains the final work permits. Why would a company pay to buy the aggregate from HighBank at a premium when they can simply own the entire deposit at a discount.... pennies in the dollar! There are going ot be some big players involved with the build and I am sure they will be much happier to put money their own pocket as opposed to HBK.
Everything has fallen perfectly into place. Does anyone else think this will get taken out this year?