TSX:SRU.UN - Post by User
Post by
JerryFrancison Sep 25, 2007 8:18am
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Post# 13461531
Looking for a quick hit. Don''t buy SRU
Looking for a quick hit. Don''t buy SRUDid you ever look at a company that went up say 300% in a month or had some incredible upsurge like 3000% in a year. Probably most of them went back to the 3 cents they were worth but can you imagine how much money people made trading that stock. In all honesty, most of us would love to catch just one of those in our lifetime.
Well I got some news for you. It is up you guys to determine whether it is good or bad. It probably depends on if you are an investor or a trader. The words like 'quick hit' and 'soon to be' do not go with Starfield Resources. Many of us are here for 7+ years. Many think that it was a mistake to hang, [er-poor word there] to stay with the company that long. When I say that I believe that something good is heading our way 'soon', I mean anywhere from next week to the EOY. This company is a slow moving company that is grinding away as it heads to the top. The three dollar + or - appetizer IS ABOUT TO BE SERVED but the main meal will be prepared after all the ingredients are on the cooks table. Hopefully by the end of the 2nd-3rd quarter of 2008. As for the dessert, well most of us will not be here for that but IMO it will be served in about 3+ years.
In light of the world events that are coming down, it just might pay to keep some of this stock for a future hedge against Inflation, deflation, stagnation or whatever. Just my opinion of course but the Yanks are not going to be able to print [counterfeit] their way out of a doom and gloom senario forever. 6-8 trillion in debt and many more trillion in unsecured notes does spell impending disaster and perhaps commodities will rule at that point in time. Anyway that's my little plan. Seriously, there is one more thing that everyone can do but that type of discussion is for another type of forum.
Best wishes,
Jerry