RE: RE: I bought cgr here >>>As for CRJ, my breakeven point is just north of current prices <<<
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Huh? You were on these boards in early January telling everyone about your purchases at 50-cents. A 20% drop is "just north of current prices?" You need a +25% gain from here just to get back to even on those shares. Oh, and what about the long-term shares you mentioned - cost basis north of $1? You are down 60% on those shares and keep holding on to your losses? Those shares need CRJ to double and a half just to get back to "even." Point is until one learns to trade their position a bit and avoids devastating 20% crashes one is only going to be investing on "hope" of breaking even and putting good money after bad.
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BTW how much Cash do you suppose CRJ is making right here with Gold prices under 1600 and mine site operating cost nearly 1,000/oz. Is there enough left over to pay management salaries?
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Oh, wait! I remember that one investor on the CC who asked what CRJ would do if POG dropped drastically - wonder if McMillian has instituted his plan to "high grade" the mine in order to "survive" another downturn?
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Oh, and how soon is CRJ going to be paying a dividend?