GREY:CCNMF - Post by User
Post by
ollianaon Jan 20, 2012 12:50pm
305 Views
Post# 19427371
Hey BTShooter
Hey BTShooter Hey BTShooter, would you rather be in a company trading at 5-7 times earnings with potential to see 10 -40 times earnings as you point out or participate as a shareholder that has already achieved 40 times earnings? IMO, I'd prefer to take a position in an undervalued company that has huge upside, I would and have increased my position to hold +350k shares for that very reason. I dont understand why shareholders are so quick to bash, good things take time as I'm sure you're well aware. My original position was by participating in a flow thru at .25 some 10 years ago because of the exploration properties that we held and the NPI in place with Hud Bay. At the time, we received no quarterly dividens and exploration programs would soon start on the Thompson Nickel Belt (Fox River) as well as Coles Creek. Since then, the stock has increased 13 fold which is excellent. This stock with the work that Mike has done in the past along with where Roland could take us has huge upside potential. Far greater than the 10 times earnings buyout proposal you speak of IMO. This is a tightly held stock and more importantly and under valued one!
Good luck to all!