Omagine

As always, quite enlightening. It's anyone's guess how high the stock will go once the BV is revised up by, in all liklihood, $20+. But the fact that it hit nearly $4.00 when the DA was signed (granted, a complete mystery as to why it retreated), should imply another very strong move once the land value is published and added to the balance sheet (hence the BV increase). The only frustration is the usual delays in getting ministries to do their job in a timely (by western standards) fashion. It's infuriating, but not unexpected. There is a lot of money to be made on this stock ...

If I made the comment that it is a "fact" that people will make tons of money on this stock, you and a certain other investor would rightly jump down my throat. It's not a fact, but it is a good liklihood. All the pieces are being put together for a very profitable operating performance within 2 years (I believe pre-sales start late this year or early next year?). The book value WILL be multiples higher than now once the land is put on the books.

But, it is NOT a fact that money won't be made on this stock.

Good night.