Re: Financing
posted on
May 31, 2008 10:57AM
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The market will NOT "crush" this stock IMHO!
More ounces will be continually added, the stock is held in strong hands, it is currently NOT over-valued, bullion will soon head upwards to $1,200 on the next leg, etc, etc,......... etc.
Should the stock drop significantly for some reason, then I would definitely consider adding to the 320,000 shares that I currently own.
My feeling is that I would rather take the patient approach and hold a stock that I KNOW will( in the not-too-distant future) pay off in a big way. The big thing that will keep me in this stock is the promise of many more ounces being found at a low cost. I can smell the ounces coming!!
Cheers!
Kiyakker