OTCPK:HCGI - Post by User
Comment by
oilsydon Mar 24, 2017 12:37am
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Post# 26024074
RE:RE:Share Price
RE:RE:Share PriceI do not usually subscribe to manipulation conspiracies. Of course it happens, but I think fellow investors should not ignore a more common explanation for a low share price, which is that the market is imperfect.
I am frustrated with the company share price because they have great assets and are cheap on a p/e basis compared to many other companies currently offered up as suggestions by many investors. In the meantime, I have been using this dull period to accumulate and accumulate and accumulate. I cannot think of a gold company right now that combines such low value with such low risk. It is not manipulation. It is that the market has yet to recognise that this company is undervalued. I think it hard to go wrong with most gold stocks in this environment. I think it is hard to go wrong with KL, no matter what gold is doing. Surprise, surprise, this is my favourite stock of the moment.