TSXV:FCO.H - Post by User
Post by
sultan66on Apr 23, 2009 2:54pm
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Post# 15940000
Cusoon, let's be realistic
Cusoon, let's be realisticToday's news is wonderful for the company, as expected there was a sigh of relief bump in the share price but your claims that the news would propel the stock to $1 instantly and we would see millions of shares trading hands leads me to believe you are not yet seasoned enough to know how this type of stock behaves... I don't mind having crazy wild dreams too, but my concern with your post is that it may create unrealistic expectations for other readers. We may run for a little while and a new price floor will be around 35 I would think. Gone are the days in the 20's. ie I think we will come back to 32-35 in a pullback as we await financing announcement. That may take the stock to a double from here, but it will then drift down into a bit of a lull while constructions takes place. We are currently going to hit the pre-production gap that occurs during construction... limited newsflow, and as long as we stay on budget and schedule, that is all we can ask for... then sky's the limit....
JMHO
SuLtAn
Congrats to all longs who are being rewarded for their patience... Onwards and upwards from here