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Seafarer Exploration SFRX
Posted On: 06/23/2013 10:58:06 AM
Post# of 7802
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Posted By: Coat Tail Rider

Expected SFRX share prices: When I first got into this stock a few years ago I thought it should hit a dollar a share at some point and I would be very happy with that PPS. As I followed the stock over time and learned more about what previous companies had done after finding treasure (OMEX) I decided the SFRX PPS had a good chance of hitting $5 a share. As I saw the potential for many future wreck sites and what each site could do for the PPS individually (based on intrinsic value alone), I realized the stock was going to go way past $5 a share and could very easily hit $20 a share in a few years with multiple sites producing treasure, TV deals and museums.


My new ambitious PPS expectations are as follows: .20-.50 this summer (.20 this week if we announce treasure at Lantana), $1 by end of year if not more, a reverse split and uplist at some point, $20 two years from now (with 5 producing sites and not factoring in a revers split).


I was hoping we would hit .05-.10 by the end of this past week but I didn't account for the PR glitch or the MM shorting - close of .043 would have been pretty close to the low end of my estimate.


Some quick math: $300 million found by Odyssey would be worth around 1.2 billion today. $1 billion found on Lantana and SFRX keeps $800 million or $1 a share immediate intrinsic value. Hype, attention and excitement could get it up to $4-5 a share. That's just one wreck.


SFRX - very good things coming for this company even if I'm off by 50%. Good luck to us all!














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