Re: Where is everyone?
in response to
by
posted on
Jun 01, 2010 10:07PM
I am still here, gold still going up, world still uncertain and full of risk which will keep supporting gold prices. CMM has no public info that changes production figures. I have not even heard any negative rumors so the only reason for the sell off is we are getting rid of the penny flippers and as CMM puts out exploration updates and pouring updates, our share price will increase.
The problem right now besides CMM being grossly undervalued, there is little at this time to excite new investors. We are a small producer that is growing. With time we will prove that we are worth more than our current market cap and that previous gaffes by management will no longer be repeated. But the rise in share price may not be explosive and this is something that long investors should be willing to live with.
I still see CMM at $1.00 to $1.25 by Christmas with little risk. That is a 100% ROI in 7 months with very little risk IMO. I know some will have a long list of risk but the only risk I see is the price of gold faltering...and I also think there is very little risk for that.
Cheers and patience will be rewarded here.
Glorieux