RE: Brundal dont twist my wordsGodman....thanks very much for making the call, and for the detailed post it's greatly appreciated!!! Great detail and work on your part has also provided me and others with some assurances on pending questions, and during a small rough patch in the market in general. The right thing was to do the PP, now with over a 100 million in the bank and zero debt they are working their plan and it's happening as we speak!
Everyone must remember they just started production end of December, but the clear goal is to build to 2.75-3 million during the year, and show some sales before years out. Anyone knows that the market looks 6 x months ahead, so once some news hits on the production it will drive this stock up in very short order. Example of this is WTN, not to say it's the same company but the market works the same way. WTN was a $3.50 stock for 8 x months leading up to the buy-out of $11 dollars, many times I came so close to selling shares as other equities were going up, but as soon as you sell the stock may go up or get bought so I held thousands of shares and it paid off, went to $11 from $3.50 in a matter of a month on some of their production increase annoucements, which I may add didn't actually happen yet before Walter did the buy-out at $11.
As I have stated before my stock price is not as low as your's so for the record I am feeling some short term pain. Mainly because I had put my money on WTN and didn't make the move over to CMK in real volume until I sold all my WTN shares and profits and moved it all over to CMK on the day of the WTN buy-out. With some recently new CMK buy trades my average is below $2.65 now so still a little under water, but I am not a day trader. I take the money I have made on key stock picks and put it to work on a few key companies I feel have a mid-short term 1-2 year pay-out. This is by far my top holding and as you have said before in 6-8 months we are going to look back and laugh all the way to the bank......great post GOD Buddy!!!
Sitting with my notebook watching Vancouver losing 4 nothing...sucks......
Cheers!