Re: 2Q - 2010 guidance down, conf. call today at 2PM EST
in response to
by
posted on
Aug 16, 2010 12:46PM
I see what your saying Big T but here is what I saw in short form. A herd of institutional investors go for a visit and then we get an assult on the SP. One puts out a .90 target and another is on TV callling it a no-brainer. The rest are doing what the do. The SP and the company are getting a backdoor kicking as gold prices hold at $1200 and hey who knows maybe just a few are wanting in and like to spread false rumours to get the SP down and some are selling into it as they have made a double and like other things now. There are quite a few SHs that have made money selling and don't need to sell any at this time and are hanging around for the show. I am one of the hangers on because I have seen restartups before and SP games during that time as well and still think that everything is fine and normal with startup improvements that are fixing the negative problems. Maybe gold will drop to $900 and then Century will fail. Its risky for sure with this mine but risk is what I do to make the bigger bucks. The rumour noise was settled for me when I visited the mine area and spoke to some of the people working there. I am buying again at this level.