GREY:SGLRF - Post by User
Comment by
power_auditoron Dec 18, 2014 10:47am
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Post# 23244200
RE:RE:CIBC "analyst" or not?
RE:RE:CIBC "analyst" or not?This is the "free mkt" system....and if you are an American then it is your "bread and butter" to ensure there is less gov't interference.....just like the 2008/09 financial meltdown...can not have it both ways anytime you want it...either you want oversight/regulations or you do not want it?
SGL has dropped from $2.00 to 0.30cts...and production is now going to avg.~10000 boed....if you are a true "capitalist" you would be taking this drop as a buying opportunity....assuming you want to be a shareholder here going forward to the next AGM.....if 1250 boed is worth $100M today...then the rest of the production must be worth $100M....therefore SGL debt of appx.$195M would almost be wiped out if they needed to sell in a hurry....and now they do not! GLTA in your trading here.