OTCPK:CRUUF - Post by User
Comment by
westhecaton Apr 03, 2010 7:52pm
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Post# 16954134
RE: should I sell?
RE: should I sell?
If you are looking for a quick turn ....sell. if you want to wait 6 mths to year you should hold.
Cru will have a reverse split of 1 for 10 so your shares will be worth $4.00 at some point. but you willl have 10% of what you had in the past..
You can' t operate with 2 billion shares and expect a decent multiple. $.40 is not overpriced but it is the limit.
If you want to know what to expect from a well run junior look at the history of SMF. 250,000 shares trading at roughly $5.50. It should trade at $6.50 in the next 3-4 weeks.
An EET CRU combination should get a better multiple than the two individually .
Wes