TSXV:CAV.H - Post by User
Comment by
mining.insighton May 11, 2012 6:19pm
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Post# 19901290
BAJ is a solid-low risk investment---stock movemen
BAJ is a solid-low risk investment---stock movemen flagship, I agree with your view that the stock may suffer until non-dilutive financing is secured. I do not agree this is a risky investment---the risk has been mitigated, the probability of low dilutive financing is very high...maybe 100%.
My rational:
1. Large shareholders would not support dilutive financing
2. Large shareholder will ensure financing is secured prior to June
3. Baja Mining is moving forward and has a few value enhancing rabbits they can pull out of their hat----such as higher CU% and MN---when the time is right ie the market will appreciate and place a higher stock price for that additional value---the market is down and not a good time--- timing is everything in the markets.
Smart investors will hold tight, add more at this opportunity and relax.