GREY:MPRXF - Post by User
Comment by
threepalmson Aug 23, 2011 12:18pm
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Post# 18971044
RE: MY EXCITEMENT WANES
RE: MY EXCITEMENT WANESThere is an interesting article on UNDERSDTANDING RESOURCE COMPANY LIFECYCLES in this month's issue of ResourceWorld Magazine.
It states that the largest potential gains in resource company stock prices tend to be in the high-risk exploration and discovery stages.
That's where we are with Mega and we could catapult up from here in a matter of weeks.
Sometimes it is frustrating to see this up and down dance we have been doing here lately but I guess I must be a patient man because I still keep telling myself that we are almost there and I just need to wait this out.
As far as Mega is concerned I have already determined that I am holding on to these shares for at least another 3 to 5 years so I am not so anxious for the situation to turn.
I am however holding a truck load of KBG and I am a little impatient there because my window of time there is much shorter.
If Headway hits in the coming weeks I suspect that I will sell most of my KBG within the next 3 to 6 months.
I suspect that in that time frame Menary/Cameron Lake and Headway should have shown it's ability to move the share price forward.
Here's hoping.