Re: News Release - Glorieux
in response to
by
posted on
Mar 28, 2010 10:41AM
Well, SN, you've come up with some pretty heady numbers there. I'm not about to refute your numbers because who really knows the future? Muckmonster writes right behind you wondering why we are not a little closer to what you calculate. I think we all share in his seemingly frustrated view of what the market thinks of CMM. I doubt even the " great " Hoov can explain why at times the market is so over valued with some stocks and others are so undervalued. There is a simplified version but I think the market defies explanation most of the time. It certainly does when you compare Century with Golden Hope mines ( and the others Muckmonster mentions ). CMM has the goods while GNH has great prospects ( hope ) yet the share price is so close. I had trouble with this when I was deciding what I should buy. So I bought much more of CMM because they have it and a little GNH in case they have what it looks like they might have.
All I have learned to do is buy things like CMM ( Noront )and wait. I don't mind being early because you sometimes get the best prices ( Noront an exception for me ). But being early usually inherits a wait. One thing I have found is that there is a lot of money that waits until the move starts. That cannot be far off for CMM. Half of what you foresee would suit me and most of us just fine, I'm sure. Everything points to CMM moving in that direction.