GREY:HRIVF - Post by User
Post by
GordonGekko12on Apr 02, 2008 11:13am
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Post# 14930167
Profit by Q1 2008
Profit by Q1 2008I heard that the CEO was on BNN and stated that there will be a profit in 2008. If this is true then management actually experienced a bit of luck with the recent pull back in the resource market and the POG. Why, because they were able to release not so good news when the entire sector was having a bad few weeks.
In my mind management has had one goal and that is to get this company to the status of a mid teir producer (300,000 ounces per year). They don't care so much about what has happened in 2007, they are looking forward to 2008-2010, and are willing to be judged on that.
If management pulls it off, expect this stock to be $4-$5 by the end of the year.
So I will put my trust in management and expect nothing less than good news this year, if not...the company still has the assets and I may support bashing management in the future.
imo