GREY:LSSCF - Post by User
Comment by
babydrawon Apr 05, 2018 9:45am
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Post# 27835061
RE:WOW
RE:WOW You are in great shape Time, with a $103 million market cap this company could easily be valued at $50 billion dollars now before they finish extending and increasing the resource estimates on all 5 flagship properties. I'm having a hard time beleiving the share price and am astonished at the investor reaction. I feel it is possible people go caught offguard by the market reaction between Trump and China and there hasn't been a lot of cash available since Monday. It won't be long before portfolios are shuffled and firms will be scanning the market for fire sales such as this one.
There are no shares out there this cheap.
I can only think of a couple reasons for a sell off. Poor investor needing money desperately, which I am willing to bet.
Also maybe a hostile attack from someone not happy with the company getting fired or leaving. If so I can't see any insider selling. So who?
I've dug deep and bought shares every day this week. I know the value of the land package and the resources there is close to $100 billion USD.
Keep accepting shares with open arms, this is a situation where you buy the dip. Jmo.