GREY:CLLZF - Post by User
Post by
bnwon May 24, 2013 6:45am
178 Views
Post# 21441773
No regrets
No regrets This is the kind of stock that could easily become a five bagger and when (if) it does, everybody will be regretting that they didn't get in or cost average. There is a new guy in charge who appears to have all the right credentials but has been on the job for only about 6 weeks. The guy deserves a chance. There is a new focussed strategy, one product, now in effect. There is enough money to last a couple of years and some proven and valuable assets in the ground. True the company has been badly and probably dishonestedly managed in the past but those responsible are elsewhere now. Cash flow from operations is positive so forget about the book losses, they mean little compared to cash flow. Any improvement in the next reported financials will be the spark. Of course, I could be wrong.