GREY:CDKNF - Post by User
Post by
goldpolkaon Oct 22, 2013 12:55pm
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Post# 21837778
Some perspective
Some perspective
On May 7, 2013, CYD was $0.66 per share.
Over the last 5 1/2 months, the stock has more than doubled to where it is now ($1.36 to $1.40 range). And it briefly traded to $1.80 on Sept.20. I suppose the pullback in the past month can be attributed to a "Correction" or "profit taking" or "selling on news" ... whatever the case may be.
In my view, we are seeing more and more good things from this company in terms of identifying and now proving out oz in El Barqueno.
It will take time ... and nothing goes up in a straight line.
The management team is fully motivated through its ownership and options to make the most of the opportunity.
I am surprised there are shareholders who are selling now, but I suppose that is what makes a market. ie. sell on news, even if it's good. Suppose they were expecting the stock to go to $4 overnight ??!!
Once those nervous nellies are gone, I think we will see this stock trade higher. But it will be good to see some other drill results soon ! Exciting times to be a shareholder ... would wait to sell now and miss what could be an exciting story unfold.
Good luck to all ...
goldpolka