GREY:DONYF - Post by User
Comment by
Tinmannon May 04, 2012 6:42pm
218 Views
Post# 19874065
RE: Yes, cheap cheap shares, they have
RE: Yes, cheap cheap shares, they have "Even with some share dilution to fund more drilling, the $11 million current market cap. is unbeleivably cheap and just shows that investors are missing the boat by thinking that when the market is poor they should avoid all stocks. "
I'll second that.
What an amazing opportunity. In a good market this would have been up 200% today. Clearly some loose lips yesterday, but with only 17 million shares out the % move to date isn't much in terms of absolute value.
If this was a house, it would be that little old bungalow on the tree-lined street with a view of the water surrounded by mansions. You don't know exactly when the market will value it properly, but when it does, man are today's prices going to look sweet.
That looks like a nice well.