TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Jun 20, 2014 9:45am
421 Views
Post# 22679009
RE:RE:RE:Share price
RE:RE:RE:Share priceYou're absolutely right Red.The 20-25 cents is what I'm hoping for, and my personal strike price, it's in no way the real value of the company. BAJ is worth more than that I think. If someone is holding this really long-term, then production and cash flow should be considered, and would bump the SP up more and more as time progresses. I'm long, but I'm not that long. I'm probably going to sell once they ramp up to full production, I'm not gonna' wait for the real intrinsic value of this company to show itself. So, the target I'm looking for is the value of it's assets. The market obviously doesn't see it now, but i believe they will once full production is reached. At that point I think I'll get my desired 20-25 cents, and then I'm out. If you or anyone else is going longer than that, all the power to you, and you will get bigger returns than I.