OTCPK:PILBF - Post by User
Comment by
teachon Sep 25, 2017 9:13am
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Post# 26736845
RE:The best yet to come - Port Alberni
RE:The best yet to come - Port AlberniThis situation reminds me so much of a similar story that played out in the 1990s with a company called Global Stone. They traded on the TSX and were focused on providing construction aggregates to the Greater Toronto area. The market hated the company because there was a huge construction recession here for a few years after the bubble burst in 1990.
Just before things started to heat up again, the company got bought out on the cheap. Since then, we've had 20 years plus of building boomtimes . I can just imagine how much the shares would be worth if they had not been bought out before the good times started rolling.
Unfortunately, that's the way the stock market works. If investors today are unwilling to wait, someone will take advantage of the situation. At least we've got a bit of a bidding war going on right now.
Let's hope for $5.