Poll: Are you buying other stocks now?There's been a lot of debate in the media and here on the CUU boardlately about how bad the economy might get over the next few months. We've already seen a correction over the past several weeks that may be attributed to a few things: seasonal cycle, European debt jitters, China reining in growth and inflation, mounting U.S. debt, etc.
There seems to be an urgency among some shareholders for Foxy'smanagement to get the RE, aerial and drilling completed and madepublic. That is expected to lead to a buyout, which means Schaft Creek changes hands and we allwalk away with a tidy profit -- in theory.
However, there is also speculation that CUU could carry on in name with its other Golden Triangle holdings.
There's also been a fair bit of talk about Romios Gold and Boxxer Gold,both within reasonable proximity to Schaft Creek. Taking a look atBoxxer, it tumbled substantially near the close today and it seems likean awfully tempting entry point (16.5 cents).
But are we to expect a big pop in BXX, RG or the remains of CUU afterthe Schaft Creek buyout in the coming months? Romios, perhaps, will have itsdrill results from Dirk by late summer or early fall. The other two maynot show signs of life for several months. So it's a potentially dangerous waiting game.
With all that in mind, do you have bids in for other stocks right now, orare you waiting for the end game with CUU and then pulling up stakesfor the "inevitable" demise of the global economy?
Interested in hearing whether you're a bull or a bear...