GREY:LEWCF - Post by User
Comment by
Bentonstockson Jul 31, 2011 10:51am
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Post# 18891135
RE: Frustrated?
RE: Frustrated?Although I sympathize with the frustration with the SP, I was expecting this and this is why I was hoping the good news would have been delayed until after summer. However, I do not blame management for that - you've got to release it when you've got it.
I do agree with Mack and cabo that if you look at what LWC management, in its varying forms, has accomplished in terms of exploration results, there is significant reason to be happy, and in the end it is those results that create more value for us - more moly means we are worth more. I have been at his long enough to know the market does not all recognize value when it is there, which is why, like Buffet (I wish I was), I remain patient. LWC for me, is an investment (we have something of growing value), not a trade, so as long as Management keeps producing excellent drill/exploration results, I am happy.
I do, however, also agree with our fajita-eating friend that the SP is maybe being played with... Some very suspicious trading going to my non-expert eye.
Regards,
B.