So there you have it....UBR is going to start producing gold. Go figure. The market sucks all around and the price is low. If anyone has any kind of foresight you have to see that the market is soft and people like Warren Buffet are buying. So while all the poor smucks like us are panicking and dumping our shares at low prices guys like Warren are having a field day shopping for the good ones. Now im not saying that Warren would look at a stock like UBR...its still a little to small, but my point is there are a lot of amazing deals out there. I have at least a 1 year window on all of my current purchases. Anyone willing to look at and buy a stock in the Canadian market that is near to or producing gold is going to make a bundle of $$$ over the next 18 months. I know we all want immediate gratification but its not going to happen in this environment, or at least very rarely. Im shopping now and looking for a small run into the first quarter of 2012, but my real positions are all mid term.....thats it thats all.
Please do your due diligence
Cheers