Re: Some thoughts on projections from the Conference Call
in response to
by
posted on
Jan 14, 2010 09:28AM
There has been a media push about the reopening. Institutional investers have probably started acumulating shares. They will not want to buy at high prices (I am buying too and will gladly see a short term pullback) Some of these new investors know what to do to aquire shares without affecting SP acceleration. There is some time before more news about the mine and it is advantagous to use it wisely. We KNOW that the mine will produce. As in every business there are good times and bad, I think that the good are about to start for CMM. As they move in to a substantial producer a listing on the TSX instead of the Venture should follow about the time that they prove they are not a junior anymore. If they can succeed of course and they have shown the determination to succeed. As far as buying more, that is entirely up to you. I have stated my gamble on the outcome besides any downturns in SP.