posted on
Mar 18, 2008 02:11PM
Since when is this a perfect market? People/investors are not willing these days to pay a high price for stocks. What I see in "the market" these days is the price side of the P/E coming down therefore bringing down values, in addition the E part of the formula is widely unknown. I would say it is not a hopeless company, it is simply muddling along in an environment where investors are more likely to put investmentsĀ into cash. Once the ramp up gets closer tp 10,000, the Martin Creek NG comes on line, and POD 2 goes ahead you will see money buying up CLL. Until then it will muddle.