OTCPK:EUCTF - Post by User
Comment by
xsnrgon Jun 06, 2016 8:46am
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Post# 24936917
RE:RE:RE:RE:RE:EU Contract Award
RE:RE:RE:RE:RE:EU Contract Award firewood8 wrote: You dump that PKK? Looked at it but no nerve. Nice play.
I dumped 200K to get back 100K of EUO. That's at 2 to 1...I traded a portion of my EUO at 20 for PKK at 5 which was 4 to 1.
Not I am not sure what to do with the million PKK I have left...at first glance I would say take the easy double, buy back 500K of EUO and be laughing all the way to the bank but now I am not sure what has the greater short term potential.
My long term play is going to be EUO for sure but man this thing might not move EVER....we sold our best asset...sure we might see some royalties if SICPA start signing major contracts but thats still short term, that gravy train eventually ends and the market knows it. What the heck do we have here really? I guess we have a star studded R&D department that might spit out the next GFI but then we will probably sell that too. I guess a slowly growing revenue model is a smart safe way to grow a business but it's going to be a long slog for us shareholders.
If a contract signing from SICPA sends this through the roof then we know that's what the market wants and every signing thereafter will create this snowball effect that could send this to the moon but these are only speculations at this point. For now I'm going to watch the PKK event unfold. Wish me luck lol...if I get lucky I might be buying 2 million EUO in the very near future :)