GREY:MDCGF - Post by User
Post by
Jentaion Mar 19, 2011 9:18am
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Post# 18309842
Patience is the essence
Patience is the essenceIn the past month, I barely posted concerning Medicago. The reason is very simple, I did not have much to say or to contribute. Checking my contest list (result at the closing on June 3rd) the most pessimistic at
.58 looks now very optimistic. I am not given up on Medicago, to the contrary but what I am realising is the fact that we will not see a serious surge on our favorite stock until the US production plant is operational and a decent US listing is in place, both by the end September, I hope. Medicago, as a company, has growth significantly over the past two years achieving an array of important milestones but in the process it has been ignored by many investors as a result of a couple of management blunders, particularly with regards to financing and past PP. I am still convinced that one day, Medicago will be worth at least $5.00. This thought helps me to forget that two years ago I sold most of my gold and silver stocks to buy Medicago...most of these stocks have already doubled and a few of them have become ten baggers. In the case of Medicago, patience is the essence. ...and I have plenty of it.