RE:RE:RE:EyeTrade,,,,,,,,,,,,,,,,,Hey EyeTrade__Indeed BOTH BCE and Your CNC Have VARYING Amounts and Kinds
of RISK__Good to SEE that YOU Clearly UNDERSTAND This !!
Your $$400K BET on CNC is More than Likely WHAT I WOULD Be Doing__IF I WAS
a Couple Decades Younger Like You OBVIOUSLY ARE.
With Regard to RISK on CNC__The Big One ALWAYS is the SAME for Mineral Exploration
Companies__And That IS the INEVITABLE/FREQUENT Private Placements__DILUTING
and DILUTING__So By the TIME the TAKE OVER Offers COME__The OFFERED Price
LEAVES the REAL LONGS High and Dry__NOT EVEN Getting BACK their Share Cost
The Longer IT DRAGS OUT__The WORSE Long Term Share Holders END UP.
A PERFECT EXAMPLE was DULUTH METALS - DM - Also a NICKEL Play __Which I WAS
into LARGE for a LONG Time__And the TAKE OVER Price Ended Up BEING VERY
DISAPPOINTING
Eyetradestocks wrote: I suppose it depends on your definition of "bigger".
CNC is involved in minerals exploration. It's a risky business. BCE is involved in effing Canadians on their phone bills and screwing hard working Canadian telco workers, that's NOT risky business.
The fact that BCE pays $4 of dividends with $2 of earnings, is risky business.
CNC would appear to have an excuse for the risks it takes...what is BCEs excuse...???