Re: Hello to all
in response to
by
posted on
Oct 15, 2007 10:34AM
200% growth in 09, gold producing 40,000 oz in 08 and 120,000 in 09!
Hi Jerry and Robert,
Thank you for hosting the new Glencairn hub. I am a long-term shareholder of the company with a 12-24 month investment horizon. As opportunity presents itself, I accumulate consistently.
My bias is to value with an emphasis on future cash flow. There is no doubt Glencairn’s new president and CEO Peter Tagliamonte and his management team have undergone challenges with Glencairn, but if one was to research the history and bio of the individuals now running the company, it is clear overcoming situations and turning them into success is the framework of the new management team. I have done extensive analysis on the company, management and Central America. In fact my family is looking at purchasing real estate for our own use in Nicaragua. Regular correspondence with Peter and Dennis Arsenault CFO is part of my investing criteria with Glencairn.
I am fortunate as I have had great success with investing in resource companies. As a former Desert Sun Mining shareholder, it could not be more pleasing to have recently learned of the new Desert Sun appointments to Glencairn.
I am willing to share my analysis with those that are interested. Being in the same camp as those that have had their fill with the trash that circulates on Yahoo, I am optimistic on Agoracom being a credible investor’s hub with genuine discussion. I support fair discussion, but must admit I loathe pumpers and bashers with underhanded motives. It is no secret bashers and pumpers are hired by the investment community. In my opinion it is illegal and should be put in its place.
Robert, can you please clarify your comments regarding the stock price conversation with Denny Arsenault. It is unclear if you or he expects the stock price to drop back down to $.20.
The price of gold in my opinion has cleared a very important hurdle over the last trading session. The world will take notice as it has clearly passed resistance at EURO 530. It is important to understand gold is now busting through against all foreign currencies and not simply reflecting US dollar weakness. EURO 530 is a key number.
With gold at this strong level, Limon is certainly capable of record-breaking reports in terms of future cash flow.
Dale