GREY:BYVVF - Post by User
Comment by
NUCLEARon Jun 13, 2013 8:01am
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Post# 21519265
RE: Think positive folks
RE: Think positive folks love your enthusiasm FrankSmart but lets keep it real. A buck is highly unlikely and highy optimistic. Who's gonna pay a buck? BYV is running out of cash and New Gold is not likely to get into a bidding war with any other suitors. I'd be jumping for joy at 50 cents which is also not likely to happen. An asset is only worth what someone is willing to pay for it and in the absence of competition, NEW Gold will basically get it for a steal. I do admit the only way to make any $$$ on BYV now is to start loading up and average down for those of us who bought at higher prices.