GREY:EORBF - Post by User
Post by
Wise-guyon Apr 02, 2013 3:21pm
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Post# 21200330
From BNN
From BNN James Hodgins said:
DON'T BUY
He is Short this one. Has traded around this, only from the Short side, over the past 3 years and has been pretty successful. Company still has to prove the scale that would be necessary to take their process into full commercial production where they are delivering large amounts of refined ore. This process is going to be more difficult and more costly than they have been saying. 2 things would make him cover his Short position. 1. If there was a big positive fundamental change occurring in the company and they can prove, with big deliveries, that this process is working and economic. 2. If in general he felt the stock was really oversold.