GREY:CQXFF - Post by User
Post by
hulio300on Jul 24, 2012 11:57am
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Post# 20146672
I think that the problem here is
I think that the problem here is that they have used up all their money for the moment and will need to do a PP in order to keep drilling, which at these prices will cause some dilution for sure. Then they will begin drilling...then comes the wait for the results. Therefore in the short term..ie several months, there are no catalysts for share price appreciation. The last hole, had it been spectacular would have been the needed catalyst to rocket us back up. This one will work out in the long run...I'll just wait this one out and am currently buying the momo stocks of the moment. GLTA hulio