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Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Comment by Saturn4on Sep 02, 2010 4:55pm
490 Views
Post# 17409965

RE: RE: Gold breaking all time high

RE: RE: Gold breaking all time highnot necessarily ssssuckers ... the price of gold does influence penny stocks IMO .... higher the price of gold, more the find is worth .... Do you remember GXS a couple of years ago?  They hit some massive holes (not gold, but coal) and their s/p skyrocketed from pennies to close to $20 ... at that time coal was hot hot hot .... I see the same comparison with CAJ (not that they will go to $20) that if the price of gold goes to $1500 as some anaylyst predict for 2011 (others predict even more) obviously CAJ --- if they find good gold --- s/p will be higher .... Its all a spec game and sometimes for no rhyme or reason a stock gets hit with the spec bug and it skyrockets .... I'm not making any predictions for CAJ, but suffice it to say that IMO CAJ will probably go higher on spec alone .... of course, if the general markets cooperate ...
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