GREY:AVGCF - Post by User
Comment by
JonEcashon Aug 12, 2011 3:34pm
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Post# 18937091
RE: RE: The Deal
RE: RE: The DealI don't know about you guys but I am not holding this stock for it to hit $3. Given all of the fiat paper out there, I'm looking for a much higher share price than that once AVR gets revalued as a 200K oz producer, with higher resources, and a higher POG. To me this bought deal is a positive as it has set a floor and allowed the Company to secure funds to possibly fast track a lot of their growth! And the money was raised in an environment where a lot of cash is now scared and sitting on the sidelines.
If it drops below $2 consider it a gift and buy more as it will only be temporary.
J$