GREY:GMFLF - Post by User
Comment by
touaregon Aug 07, 2013 12:06am
186 Views
Post# 21653226
RE:RE:Talked to Sprott about Global minerals
RE:RE:Talked to Sprott about Global mineralsThanks for the posts guys.. Markets like this are always gonna be tough.. finding the bottom?.. waiting it out when the stock goes lower after you bought.. etc etc.. reading all the so-called experts who all seem to be saying different things right now.. will we see lower metal prices? Silver $15 - $16?.. who knows?.. Buying a stock like this in this environment you have to be thinking years ahead and we gotta be prepared for it to go lower.. It could go to 5 or 6 cents!
It is also in the realms of possiblity that it could go to zero.. this is the venture exchange after all!
For me it's a 'tuck your shares away and forget about them' kind of stock.. I think we have a real good shot at much much higher though in a year or two.. or three.. a lot will depend on the POS.. once silver starts to gain some momentum and money starts to flow back into the sector this stock could be back at 30 cents in a jiffy.. Then if/when they start to move forward with Strieborna the upside gets serious..
Meanwhile how long we will grind away at 6 - 7 - 8 cents is anyones guess.. but gotta be in it to win it!