RE: RE: RE: RE: RE: RE: Should we tell the people "Syph' is it? Probably short for syphilis I guess. Gee never heard that before. LOL. Pure genius....if one is 13.
I think we may have a cheerleader here.
Welll countryjake, if I'd wanted in it would have made more sense to have done it at $.07 rather than wait until it went up to $.10 or $.11 and since I've been watching it I could have done that but I didn't.
Here's why.
Like I said, I've been watching this for years and have traded it [as CMV] in the past and made money on it. I haven't traded it in quite a few years because it's been too unreliable and IMO still is. They haven't even done any work on the property yet plus the stock price is 3 times higher than cash so IMO it's a pretty bad/risky deal right now.
Once/if they begin drilling sometime in the future, next year or the year after, I may buy in to trade it. Certainly not as a long term hold as like any mine, they will need to drill for years before they even know if it's got the potential to be profitable. One only has to look as far as the parent company GUY to see how long and complex the process is. So no point in tying money up here for years when it can be put to better use elsewhere.
Does that answer your question?