TSXV:CSG.H - Post by User
Post by
MontyHighon Jan 23, 2009 10:24am
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Post# 15723498
Many Thanks To Whoever...
Many Thanks To Whoever...
gave me the CSG tip.
I did my own dd and accumulated for a week around $C.25. What a nice pop. Been a while since I've had a quick two-bagger.
This is starting to remind me of base metal miners around the end of 2006 to mid 2007. The valuations are the same (price to operating cash flow ratios starting below 2). We could easily see another couple of doubles with these undervalued jr. producers. Gold producers ordinarily have a price to operating cash flow ratio of 10 so we have head room for a five baggers in these stocks even without price of gold going up.
MontyHigh