GREY:CLLZF - Post by User
Post by
rehsifylfon Oct 06, 2011 11:59am
547 Views
Post# 19125837
If you had the guts to buy lower
If you had the guts to buy lower...then don't let fear cause you to sell because it has popped a few cents. 2 months ago this was over a buck, one month ago it was 75 cents. Since then they have released nothing but good news.
Read the last NR - last line. Capital spending to sustain production next year is $30M - everything else is dicretionary. Interest on the debt is going to be lower than this year, and by the end of this quarter they will at a minimum have the cash to pay off the debs, cover CapEx for sustaining, and cover all other
Don't give them back cheap. Daytraders are going to be in and out - but somebody is starting to accumulate. Going to push through the resistence to over 40 cents soon - and that should be less than half way to where it was was just over a month ago.
While this board is dominated by people that are miserable from the massive losses they suffered, think about the new investors that see this as an opportunity.
If you think the volume is over 4 M today - look again, TSX is over 4M and Alpha ATS has over 5M.
GLTA