GREY:MLKKF - Post by User
Comment by
jphon Apr 15, 2011 11:13am
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Post# 18436842
RE: RE: El Pillar
RE: RE: El PillarI don't think that Mr. Surratt goal is to make each shareholder wealthy overnight. The goal of the Board of Directors is to grow the company and to make a profit.
Reinvesting that profit to grow the company even further is a good idea as well.
By ML taking over Creston they have changed ML from a Copper - moly company to a big time Moly play with copper to pay the bills as we go along.
Copper has been on a good run - it is not going up very much more from where it is now. It has got well ahead of nickle/moly and zinc.
Moly is the metal with the potential at the moment - the energy industry is starting to really heat up which means that the pipelines and LNG tankers will be heading into production which means that Moly will start to move up.
When Moly is at $25 I think you will see that ML will have left Capstone in their dust. By buying out Creston - ML has doubled their moly resource.
If you want to whine about the company that you are holding - you may be in the wrong company because you are not trusting them. Move on to someone you do trust.
I have made very good money on both ML and Creston and I foresee making much more in the near future.
If you have not read the powerpoint that is on the Creston website - you really should. If you do not have the time to read the powerpoint - you should not be gambling your money on the stockmarket.