How lovely Well, isn't this just fantastic...
Since, apparently, there is no rhyme or reason to our precipitous implosion, why not throw in a bid of, oh, I don't know, let's say
.05 a share? Hey, might as well... it's not like we have close to a billion dollars worth of gold in the ground or something silly like that. Besides, analysts are all crazy anyways - just because the general consensus is that our company should be worth (in the near term) around $6.00 a share doesn't mean it's worth $6.00 a share, right? Sub $1.50 seems like a fair price, no?
Is it just me, or does nothing seem to make sense anymore, when it comes to valuations? Real estate is insane (at least, in Toronto, anyways). Who wouldn't want to pay $1.5 million dollar for a 3 bedroom bungalow that hasn't been renovated in 60 years, or $750,000.00 for a townhouse in a subdivision in the middle of a farmer's field... Dollar stores no longer sell items for a dollar... Everyone is driving a BMW these days (no offence, Scout - lol!)... tradespeople make more money than doctors and lawyers.... and, of course, GCU is apparently worthless. While we're at it, up means down, and left means right. Clear, everyone? Good.
Hmm... maybe with another good news announcement, we'll drop to
.75. And when the revised 43-101 comes out, we'll be at
.50. This way, when the PEA comes out, we'll trade at
.25.
Just friggin lovely.
Chipper, as always,
Barisian