TSXV:CAV.H - Post by User
Post by
crazytownon Apr 23, 2012 6:22pm
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Post# 19826226
Don't forget the potential UPSIDE!!!!
Don't forget the potential UPSIDE!!!! Everyone is freaking out. Lets all just take a DEEP breath and RELAX. The fact that mine building costs are escalating everywhere is no secret to anyone. HOWEVER, the market has taken a huge chunk out of this stock for something that many already saw coming. The POSITIVES are in my opinion now GREATLY outweighing the negatives. Drill results to come soon, the strong likelyhood that financing will be handled well due to the still intact STRONG PROJECT ECONOMICS. In addition, if new management is put in place, stock will likely soar, if not then the fact that this current management is now under the microscope it will likely act in exemplory fashion from here forward. After going over this project, and after todays carnage, this stock is INCREDIBLY cheap based on the project. If you want to feel better about holding this company, put the SOAP OPERA aside for a minute and just run the project numbers. These numbers are why they were able to get a BILLION dollars. All just my opinin, but it is unlikely the additional cash will be a problem. It is messes like this that create GREAT opportunity. All just my opinion, but I think this is one EXCELLENT opportunity. Good luck to everyone.