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Re: On The Launch Pad

posted on Jun 07, 08 10:58AM

Molymonster,

I am expecting around $2.00 per share if it comes in the next few months. If there isa bidding war, than possibly $2.50 per share.

If Creston can prove up Red Hill and she comes in big, then the takeover price could move up substantially. What I am saying is, the longer companies let Creston move toward production without interference the higher the takover will cost them.

Unfortunately for now, I have put a large percentage of my portfolio into Creston and unless one of my coal stocks is sold, I can't add at this point.

I think Creston is a great speculative stock but also a value play because of its current valuation and the very likelyhood that there will be a takeover.

Maybe one day I will do a Creston Moy coin. That would be fun.

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