GREY:GRFJF - Post by User
Comment by
pavemasteron Dec 25, 2006 9:54pm
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Post# 11920381
RE: CONGRATULATIONS DAY TRADERS AND PUMPERS
RE: CONGRATULATIONS DAY TRADERS AND PUMPERS You came here a week or two ago and said the same thing.
Ask yourself...Where did these shareholders come from and how did they recruit the best talent in the business?
How did they get the TSE listing in super short order straight from the OTC and bypassing the VSE altogether?
How did they manage to get 3 different lenders willing and able to lend this company $105 million USD?
So far the mgmt. has done everything they said they were going to do and on time. Their mine engineer was in charge of Kinross mines around the globe so production in spring of 08 is a given. Speculation on what they might do next is what is keeping this stock over $2 IMO. Their business model is to aquire old mines and bring them on stream as quickly as possible. Lots of old mines in Mexico and I'm speculating that's where they're snooping around. Any future aquisitions they make all have to fit their business model.
Given the background of the principals in this company I think I can safely say that if they make another aquisition we will quickly see $8 or more a share in short order if not more. They have a track record of making a lot of people a lot of money.
Don't see why they would change that reputation. Do you?