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Electric Metals Inc ECCMF



GREY:ECCMF - Post by User

Comment by birch1on Nov 16, 2010 8:54pm
215 Views
Post# 17715780

RE: RE: Sell me some shares

RE: RE: Sell me some sharesI disagree with you on this one pirate.  There are not that many shares out there and this thing only has a market cap of just under $6,000,000 million today.  I'd expect they could easily sell it for that today, if not more.   At $.10, its worth just under $3,000,000 million and at that point, why would you unload anything.  No one is going anywhere right now.  Why would you leave for a few bags of peanuts?

That's it.  The SP will do what it will do, but people accumulated on a bad day in the market and perhaps took some profits.  That's not a bad thing.  I think the China thing is only going to get worse as they hoard all their own natural resources beause with a popluation of over 1.3 Billion and growing, they simply do not have enough land mass and resources to sustain themselves on their own.

Regardless of what they did today to slow growth, their growth will be huge by anyone elses standards, and they will continue to grow.  As far as Ireland is concerned, they aren't going to....all of the sudden...turn around to the extent that they demand all the world resources, they have been going the other way for years, so what's really new on their situation...nothing.  They will be bailed out and everything will go back to the way it was a few days ago with China needing everything, not for export, but to sustain the needs of the people as their needs change.....And, they are changing.

Cheers.  I could be wrong, but there are more people here now, less willing to unload their stock for a happy meal.

Just my opinion.
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