TSXV:CAV.H - Post by User
Post by
crazytownon Apr 25, 2012 12:30pm
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Post# 19834330
RE:Rollback!
RE:Rollback! HA!!!! Your funny, didn't get enough cheap shares yet. 65% drop in share price not good enough to make up for a 20% cost overrun. Rollback, please, get real. Highly unlikely in my opinion. This isn't some high risk exploration penny stock, even though the price makes you think it is. Too far along and too much of financing already in place. A company that can raise over a billion dollars for a project in my opinion shouldn't have any problem getting about a 170 million more. The CEO is off talking to current investors with much skin already in the game. Most projects are currently experiencing simillar cost overuns. Doomsday scenarios are completely overdone. If not all the cash is raised in debt, only a portion will be in equity, and most likely at a much higher share price causing limited dillution. You can bet current management is going to pull out all stops to prove their competence and come out on top. Any positive news which could come at any time makes this jump huge. All just my opinion. Good luck to all.