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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Bullboard Posts
Comment by ganja50on Sep 11, 2011 2:53pm
270 Views
Post# 19030758

RE: RE: My particular figure..

RE: RE: My particular figure..Sorry, memory is not as good as it used to be.  But the point of my argument is still fully intact.  We're talking about an appreciation potential of 30x for silver.  I don't know where the price of gold might go, maybe $12,000.  But P, if produces 10 mil oz of silver, it will have a deficit to make up of perhaps $1.4 bil.  Maybe they will make that up on gold' I have not done the calculation.  But I believe the gap between silver and gold (the ratio) is going to close and move toward 1:10 rather than 1:45, and that is not a pleasant scenario for P.  Why take the risk?
Bullboard Posts