I wrote this back in June on another forum so I thought I'd copy and paste it here for those who want to know why I think GHDC is becoming a more and more attractive investment:
I fully expect SFMI to have over a billion shares outstanding before the end of the year. This means they'll be about 4 shares of SFMI to every one share of GHDC. At that ratio, GHDC should trade at parity or better to SFMI based on an earnings basis (actually GHDC should be the only one having any earnings since they're finally receiving the leasing royalty). Hopefully, they'll be able to get enough financing to finally get some drills going before the end of the year and their share price moving in the right direction. Could be an ugly shareholder's meeting unless even greater movement in the right direction doesn't occur soon. There's way to many people here wanting to get rich quick and aren't willing to be patient. I'm still willing to wait another 3-5 years for this to fully develop.
Semper Fi,
Bluesideup
