Re: Wanderer
in response to
by
posted on
Sep 24, 2010 09:23PM
Producing Mines and "state-of-the-art" Mill
I also read up on the 9 for 1 RS. Don't forget a name change for GCR thrown in as well (all dependant on shareholder approval) Today GCR is sitting at 4 or 5 cents after it has been at $3.50'ish in the 07 metals boom.
It looks like we are all in the same boat when it comes to the SP downturn. Funny thing is that many companies are fundamentally much more today and I would say less speculative in varying degrees. Yet if you looked at those SP's wrt cross-linkage to the underlying price of nickel alone, we are sitting at a present nickel price($10 ish) that is a little less than half of that crazy spike of 20-25 bucks in April/May 07 and the SP is down in what would seem a huge %.
Here's the old shaw dome group graph showing what 5 yrs has done for all of us.....
Seems that the "exuberance" of old is nowhere to be seen today imho,