GREY:SWYDF - Post by User
Comment by
pharesfon Mar 05, 2012 12:37pm
258 Views
Post# 19627584
RE: RE: RE: MPV
RE: RE: RE: MPV I too was curious about your 4-1 Ratio. I do not follow MPV that detailed, although from what I understand they have a larger resource and are more advanced overall(in terms of stages). Even though both are Diamond Juniors, I believe a 4-1 market cap direct comparison is little help in factoring when SWY will go up from its lowest low.
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Personnally I believe it will come down to financing, obviously. Though, using a comparison to SGF, look what happened to them last week. I am actually surprised we didn't catch a "cold" from that negative news. Keeping this metaphor going, I figure our relationship with the gov't bolstered our immunity from the downtick that Shore experienced. Although we do have a great relationship with the gov't, that is only in our favour provided Charest can keep the confidence of the MLAs in Quebec or the next election between now and mid 2013. His opposition may have different agendas.
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Noting SGF recent fate, maybe Matt planning to take this thing all the way themselves is the best bet?