RE:Thanks Tinker and RedbullThere is no need to thank me. I always called management for the companies I'm invested in. As for my strategy with CRE, I believe they are the real deal. Yes, I could trade it on the highs/lows and make money that way. But I just don't have the b*lls to do that. Their stock price has been very very very unpredictable over the last few years. I still believe it's worth (or should be worth) a whole lot more than $200M market cap, especially when you compare it to NMX and LAC. Also, the fact there are companies out there only with "drilled holes" and nothing more, and they are worth between $100M - $200M market cap, it makes you scratch your head.
So yes, I could have sold at $1.80 and bought back at $1.40. Then again I can sell at $2.30 and buy back at $1.90, etc. etc. It's also frustrating to see all these other companies on the vulture exchange go up in share price for no fricking reason. For instance, I follow a company that increased over 300% in the last 2 weeks and they have absolutely nothing but a couple of holes drilled. And their market cap is now $100M. WOW.
So you can invest however you want. I for one will hold on to CRE until $5, at which point I will start to unload all of my shares. Yes, it could very well be 3-4 years down the road, but that is the most sure way to make money. If I sell now and try to buy back at a lower price, I may miss the boat. Yes, it's true that CRE has missed pretty much ALL DEADLINES THEY HAVE GIVEN US. But still, there is someone else out there that is much bigger than us shareholders that controls the price of CRE. It's called annonymous. They can create fear at any point in time. Just my 2 cents.
By the way, if it hits $5, I will throw a big party (in Montreal). All shareholders are invited.