TSXV:EPO.H - Post by User
Post by
maaddmikeon Jan 13, 2011 8:07am
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Post# 17964519
What is your preference?
What is your preference?It is interesting to speculate on what the future holds for EPO and where future SP might land. There is plenty of interesting speculation on this forum.
It made me think about the possibilities and wondered what most on this board would want to see happen. So I have an open question to those of you holding EPO shares. Which of these two scenarios, should things go this route, best describe what you would likely do with your shares.
a) Good numbers are released, Potash market remains strong, lot of speculation about takeover possibilities and the SP climbs to $2 within the next 12-18 months. The 'easy money' has been made and I will sell my shares for a fantastic profit and look elsewhere to invest my profits.
b) Good numbers. Potash market remains strong. SP climbs to $2 and the company marches forward with full intent towards developing a mine. It is likely going to take another 2 years before we see any type of production. The stock will likely climb gradually. Getting to production will mean a stock price that could range anywhere from $10 to $30 but it will take time. I am willing to wait and will watch the story play out to reap huge rewards.
Which is most likely to be what you would do? Be honest with yourself. It is easy to say 'of course I will wait for production and the resulting valuation'. But do you think you would really do that or would you grab your 5x to 10x profit and look for something else.
I am interestesd in hearing what some of you think you would do.