OTCQX:GTGDF - Post by User
Comment by
Albertan22on Aug 03, 2017 2:36pm
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Post# 26544255
RE:RE:RE:RE:RE:RE:Here comes the flush!!
RE:RE:RE:RE:RE:RE:Here comes the flush!!You're right, I don't understand 'fundamentals' -- I was using it as a synonym for 'facts'. If it means financials, based on the value of a product, the cost of production, the consumer demand, and other details like the cost of capital, etc., you're totally correct. GTT's value right now is a combination of drill results and the aggregate level of excitement among the investing community, and the former are speculative and the latter unknowable . . . Fair enough.
If these stocks did have fundamentals, in the way that you mean them, the Lassonde Curve couldn't exist -- when you think about that, the primary variable in it is the behaviour of investors in this sector, nothing inherent in companies.