As I sit on my patio on this lazy summer day, I can't stop think that this is the calm before the storm. We all know that the summer months bring boredom to the sp of most stocks, not much happens with regards to NR's. As I sit back and enjoy the summer air of Toronto (hey its better than Bejing at least), I begin to imagine how lucky we are to be in the position we are in.
We have an amazing CEO that is at the helm. Some of you think it's too much, some of you think he can handle it. Only Mr. Nemis knows what's between his ears, and what he thinks. We will soon find out where he takes this company and how he deals with the structure of NOT (i.e. windfall splits, burnt hill split, double eagle split, TSX listing, etc.)
Am I happy with today's sp - NO, not at all, but I am not worried. If I had more dry powder I would be buying more today. With the amount of pro's we have at the helm, the geo's, the experience, the acreage, the drills, there is in my humble opinion zero risk. My average is around $2 and I'm happy where I'm at. For those that are in higher, trust me and the board members when we tell you to wait and have patience, you really will be rewarded. There is just too much goodies in the ground for this sp to remain at these levels. Who knows what it's worth? $10? $20? $50? $100? more? less?. With the amount of NR's between now and the end of the year, I think we'll get a good idea as to where we stand. People say it will take time, I don't think it will take that much time, there are alot of people working alot on this project, a lot of drills, a lot of assays - this is ready to explode.
I hate making predicitions, because I don't want to be labelled a pumper or basher, but I will say that when we all say Happy New Year we will be in double digits. This is my opinion, and please do you own DD and don't call me a pumper, just stating my thoughts.
On that note, what a nice summer evening, no rain, nice and quiet, like the calm before the storm.
Peace