GREY:CGOOF - Post by User
Post by
SpoilerAlerton Apr 26, 2017 9:00am
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Post# 26167145
Shiff please Zip It - Investors can get Hurt with a 47% Drop
Shiff please Zip It - Investors can get Hurt with a 47% DropI agree with earlier posts - Nothing is certain until 2020 if and when they go into production - there's a real asset, but there's also Real Risk - at $3.30 the stock is fully valued, the Company can be shutdown overnight unlike other stocks in better jurisdictions, a trading Halt is possible and we Hope not, however this happened before when Venezuela sized assets and in this case its criminals from Venezula pouring over the borders along with armed bandits in the country, aside from illegal miners. It's interested to see how Lundin boost CAPEX and to think that this could also happen to CNL would cause an even greated dilution, which now at $150M / $320M market cap would bring the company down by ....47% further drop!