Re: OK Boys. Been thinking....
posted on
Dec 30, 2013 06:44PM
"But what goes down will also rebound greatly when the cycle turns back up. If you have the patience to hold on then do yourself a favour and just tune this out for the next 6 months. I like many others here are not checking in on this every day. I know this will take a little longer than I originally planned so I have no choice but to sit it out until the metal prices turn back up. We will get the price we want but imo it will not be until the market for mining stocks turns around. My 2 cents."
This is spot on you will not see cuu's true value until the junior market has turned. Currently if you would asks me if you should invest in the junior market i would say no. However, considering we are still at 0,38 means we are still considered a relative valuable company. This may sound weird to say ( i have average of 1.45 but am going to use all my tax returns to average down to the 0,60 levels) but just look at a random 10 stocks in this sector and compare them to us in terms of what share price has done. Ive seen most shares been divided by 10-20 or even worse. We have been divided by 6-7. Never forget this is the junior market the most speculative of all stocks which is in the worst investment weather of maybe 15 years!If institional money would once again go into this market I would consider our stock as one of most favourable onces. You need to asks yourself if you want to wait for that and it will take a lot of more patience.