Re: Fundamental research report:
in response to
by
posted on
Oct 08, 2008 03:07PM
"Yes it will be fun, after the pain of $.20/sh when we see $1.22 (or better) for our shares. I am confident that a long term holding will produce 1000% return from here. There are not too many opportunities like this"
Vbelleza, That is the very essence of what I live for. Amazingly enough it isn't a far stretch. We just need to see some serious inflation over the next decade or two (come on
Bernanke ..........KEEP LOWERING THOSE INTEREST RATES DAMN IT!!!!), and we just need to see the CSG team meet their quotas ..........HECK ............they don't even need to exceed their quotas. (Just imagine the possibilities if gold were to go above 1500 dollars an ounce with over 50K ounces of production for 8-10 years ...........it almost makes one giddy.
The one thing that will represent a hurdle though is the tight credit crisis .......if inflation is to occur we need to pump a lot more money into the finanicial system ...........therefore we need to see the U.S. government start printing a bunch more money and get it circulating. And incomes need to rise.
I still have a suspicion that CSG might purposefully be keeping the stock price down in some way and I suspect that they want to see a bunch of those warrants expire worthless. (Otherwise why aren't they buying this gem hand over fist!?) Maybe they have some hard feelings about Farrant and/or other guys leaving leaving and want to minizmize their potential gains from sicj warrants and want to see them expire worthless ......or perhaps they just want to keep the stock from getting further diluted before the major runup. Who knows? And oh yeah ........I'd still like to know where the missing gold is. But if they meet their quotas I can forgive them about hawking that gold.
Just My2Cents