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Message: Anyone have a theory?

Anyone have a theory?

posted on Jan 31, 2010 03:07PM

This forum is very quiet, yet CMM is a very interesting play, as well as very promising.

Anyone have a theory as to why the SP dropped and is staying down? Yes, the overall market is down but I would expect that undervalued stocks would still attract some balancing activity. My belief is that CMM is substantially undervalued. Also, in times of increased perception of risk, can't we expect some movement to gold stocks? Even if the mine re-opening is delayed, how much perception of downside risk can there be? Everything looks quite encouraging to me.

Best wishes to all for a great CMM summer!

O.F.

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