GREY:ADEXF - Post by User
Post by
behrhunteron Feb 07, 2011 3:26pm
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Post# 18088778
Perhaps a bit of balance
Perhaps a bit of balance
Iron prices are going to soar. An amazing unique thing is that is has the ocean near it. I love the story.
Oil is predicted to go to $200 a bbl. Inflation is suppossed to increase. And the C$, from which a company pays it expenses is supposed to rise against the US$, from which the company derives revenue. How do these fit into the story?
Mangement has done well. They took a property that had low grade ore, and capitalizing on a story and being near the ocean have made themselves millions. Not sure that those who bought stock in the $1.00 plus area would agree with what is going on. Postive NR's..as if there would ever be a negative one.. Believe and it shall be so.
And before anyone says I am bashing the company, please be clear my intent is only to add a bit of balance to the people who post some rather biased facts on this blog....in the hope, I suppose, that at some point they will not have to accept the realitiy that paper loses eventually mean real losses if the sp goes down.The company may, in fact, do well.
The sp would do far better, and be more stable, if we had a bit more rational thinking going on here, and less people pumping the stock...