OTCPK:CFMSF - Post by User
Comment by
rcoonon Jan 18, 2013 6:05pm
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Post# 20859312
RE: price
RE: price Clifton is hugely undervalued. But most junior gold stocks are. and its only us diehards that keep buying.
i have not sold any cfo. but if i were to do so it would only be to buy another equally undervalued gold junior.
thats what i think is going on. someone gets bored and trys something else.
the entire sector is unloved. the only way we move now is via a joint venture or buyout.
other than that gold has to break out of its range and begin trending upwards. that is what will bring money back into the sector and into cfo. and you never know when that will happen. i think they will use the debt ceiling fiasco to drop gold and after that gold moves higher especially on the back of japanese quantitative easing. The FED will not mind if gold moves up because of the japanese.
best regards