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GLOBAL MINERALS LTD NEW GMFLF



GREY:GMFLF - Post by User

Comment by GoldSilverbug77on Jul 27, 2013 12:48pm
182 Views
Post# 21634420

RE:Topadvisor thanks

RE:Topadvisor thanksI too watch and follow Rick closely but his sense of duration and the power to get things through to the management  / even being able to change management puts him in unique position that no retail investor can dream off.  i read some where that he never looses his money. But investors like me do go through the emotions in market.

I am long CTG bought at 0.085 & 0.09 on pure speculation as its at historic lows and management play . Can it go below 0.08 yes it can and will it go up with markets yes it will. This company is in a better posision that it was 2 yrs back when it was trading at 0.7-1$. Now its at 0.08 funny markets are. If they come up with a decent Feasibility study and secure mine financing, boy this will be in north of 1$ with some support in silver price. Without company specific events, my sense is that it will languish at these levels and i am willing to buy every month small qty going fwd.

Alexo is part of my core 10 stock portfolio. The only scare is the low price of silver and sustained low price that will force management to close its primary mine during this winter but the grade is just just amazing. My suspision is that once the silver metals recovers , Alexo will be the darling with 10x , 20, 30x multiplier from the lows depending on how high silver goes up (50,100,200. pick your price)

Sold Colossus yesterday but watching the stock. i am doubt and hence decided to sidestep.
-GSB
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