GREY:CLIRF - Post by User
Post by
Smokin67on Oct 28, 2011 4:51pm
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Post# 19191352
Thoughts
ThoughtsThis company certainly has a lot of potential. I'm interested to see the size of the contracts (in $CDN) that are being pursued in the emerging markets. However, I'm not comfortable with their current cash position and I'd like to see them prove their margins and secure one or two large follow-up orders before I put money into this stock. It may very well turn out that the stock price will be higher by the time all that happens, but that's a risk I'm willing to take. I don't mind too much if I miss the first bag of a 10-bagger.. But right now this stock is too speculative for my liking.. with a possible financing on the horizon..