Re: Could Someone Please Help Me With My Assumptions?
in response to
by
posted on
May 23, 2008 06:22AM
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The list is written in hindsight. Some posters seem to believe that just exploring will in the end prove a good strategy, when the resource is big enough to be noticed, and valued accordingly.
Relax, your investment in TDC will pay off. Your real question should be "what will Dr. Webb do when he is made offers for buy in or buy out?" If you believe that his personal vision is to bring it on as a mine, and then grow the company by exploring other sites in the Yellowknife constellation of properties, and you believe that he is determined, knowledgeable and young enough to do so, and he has the right team, then it's OK to believe that it will be a Goldcorp-esque story in the long run.
But if you feel insecure about that vision, then when the stock pops to $2.00 or so, based on being valued for the gold in the resource, then you will have your relief valve.
THe lower end of the list is where you find "gold plays" which hipe the stock and are not ever going to make anything significant happen. We are not on that list....
SKELEG