OTCPK:GBLHF - Post by User
Comment by
Francesco1on Apr 11, 2006 12:27am
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Post# 10662941
RE: Francesco1
RE: Francesco1gandt35,
I don't think that we will have to wait that much longer ...
You are right, everyone is on the fast track these days and this stuff just take time ...
It's kind of funny to me to think that the average investor in the junior area, has no clue as to what is about to occur regarding stock price valuations in the future. We are really entering a historic period, a real demand driven bull market. We will see double digits in the high quality juniors before this bull trend is complete.
This is not a trader/media/public hype driven short lived market but unlike those in the past, a market driven and supported by the demand side. It actually is a positive indicator that some of the quality juniors (Like BOB)really haven't been embraced by the markets yet.
This means that this bull market will probably run for several more years, as the juniors always react positively within a bull market late in the cycle. You just have to own a basket of these quality issues and when their the only game in town you already will have established a long term gain which will help you manage all the huge capital gains that you will have to deal with.
Anyway, from what I hear Global Hunter wants to be a producing mine sometime in late 07, so we should start to hear some positive news starting, I believe within the next few weeks. I hope you also own Augusta Resource (ARS), as this one is ready to explode in the next few weeks on expanded resource #'s and release of there first Pre- feasability report.
Frank