RE: RE: NO Corporate UpdateChris, I don't really have much to say other that what I've already said and probably repeated 3 times now.
- Yes, I am frustrated
I disagree with your comments about the general market though. As stated before, I believe we have been in a crappy market for commodity related equities since the new year, juniors and seniors. AGG was actually going well after those last drill releases and then good old Goldman comes out with there proclamation that commodities were too high. Jeez you think they were short when they made that announcement?????? As BP stated they now think there oversold. Jeez you think they covered their short position and haven't already established their long positions before that little proclamation.
As previously stated, I own a number of good quality juniors including ATC, CSI, CNL, CMA and I watch many more. They are all way off their 52 week highs as of the new year and have been trading sideways for the most part despite the record POG, silver etc. It's not just AGG. For that matter it's not just PM stocks. Oil stocks are in a rut as well.
I want to see news but will it be wasting bullets in the current market??????? Once again look at news releases by CSI and CNL in the last couple of weeks. They were great releases and the stock prices, even today on a uptick in commodity prices, are stuck in neutral or down.
I very much agree with you that we should be north of a buck. CSI should be north of $12, CNL should be north of $12 and CMA should be north of
.50. ATC, well it's a unique story all on it's own that you can't compare to any of the rest but it's still well off it's 52 week high.
I believe in all my investments or I wouldn't have bought them. We may have to wait for a September run again. It's not what I want but I'm prepared for that if necessary. That's the reality of the situation so you accept it or cash in your chips and move on. I'm not prepared to cash in my AGG chips down here and trust me, I have a lot of chips on the table.