Re: Why buyout is painless
in response to
by
posted on
Aug 01, 2011 10:08PM
(Edit this Message from the "Fast Facts" Section)
Yes Garick, there would be lots of speechless folks here anywhere close to 44 bucks. Heck, I'll begin to stutter around a dollar. The point is, when things heat up in this sector, lookout. Lots of fundamental changes in the industry since 2006, so a run to $44 is unlikely because if we prove up anything we'll get taken out pretty quickly in my opinion. The key is to have as many of these cheap shares as possible when the kettle starts to boil. It's hard to imagine how much leverage these shares hold to the gold price, especially the ones recently gotten below 10 cents. Perhaps none at all. But I allow my imagination a bit of license every now and again, and I am optomistic in the extreme.