Lets not worry about our stock price when considering the advantages of an acquisition or merger. It just has to make good economic sense.

Our new management team has more experience than most, if not all of the investors on this site. Since there are many ways to structure an acquisition lets give all of the benefits of any doubts to our new management team. They may also elect to defer the acquisition for a period of time until Castle stock is near fully valued.

What about the value of the company to be aquired? They may also be as undervalued as Castle. How stupid would that be not to commit.

I have accumulated a substantial position in Castle and I am not looking for any moves in the stock that would make me want to jump out of this stock in the near term. Therefore, as a long term holder ( for the next 1 1/2 to 2 years) I will be looking for a $5 to $15 target. My calculations indicate that I am not NUTS! But, anything can happen, and probably will. I only hope its to the upside. My calcs are based on Castles current holding and projected production. Mergers, acquisitions etc. can only make it better.

I bought 10,000 shs on todays news at US $.57 avg. I feel like I stole this block.

PS, What are the three thing to look for in a great stock? Answer below.

Management, Management, Management

I think we got it now.