GREY:SVVYF - Post by User
Comment by
siboon Oct 31, 2017 4:43pm
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Post# 26884385
RE:RE:A Fire Sale !!!
RE:RE:A Fire Sale !!!Sorry to offend you RedSox but you misunderstand. I am no pump and dump stock holder, rather I buy and hold based on assets and management and often get some very spectacular returns. This one, I am pretty sure will be one of those. Semafo took out an Australian company just adjacent to Savary for $200M two or three years ago during the worst of the recent gold market.
My theory is this may well happen with Savary but at a higher market cap....say $300M so as Savary's cap is now less than $9M this could lead to another hefty gain on your five cents. Good enough reason for me to add some 400K more during the downturn.