I have been a bagholder since 2009 and have followed EVERY post since that time. Sold a few shares around the $1.4 range years back, obviously I did not liquidate enough shares, I did manage to average down and hold exactly 0.01% of all outstanding shares - helps keep my napkin calculations easy. Call me a lazy lurker.
Most here have been waiting for a single event outcome, myself included - buyout of our 25%. But if we go with Golf's timeline: Summer 2022 (which is reasonable considering the last 10 years) will our share price remain stagnant 'til that time (~0.20/share) as we all watch Copper & Gold prices blow through their respective ceilings?
Most companies market caps are based on future growth/value, I would be content to see our price/market Cap (currently ~$90/million) rise in proportion to the value of our pounds in the ground and a consistant share value appreciation as we approach a posible "Summer of 2022" offer.
Predictions:
Winter, 2021: $0.25/share
Summer, 2021: $0.38/share
Winter, 2022: $0.55/share
Summer, 2022: $0.75/share
Offer Summer 2022: $1.25/share - I HOPE I am being VERY conserevative but would be happy!
Obviously any significat events ahead of this timeline would be great but I have always hoped for the best and planned for the worst, with Copper Fox it has tried my patience and philosophy and all that keeps me motivated after all these years is that we have not gone bankrupt or taken private, not a great investment strategy but that's where I am with my shares.
Thoughts?