RE:RE:Time for shareholders!!
Hi Moe,
I strongly agree with both you and Oilslick.
Darren indicated that the plan over the next two years was to grow their production organically based on their tremendous resources such as San Rafael, Zone 120 and San Felipe mines.
Management also is trying to be very protective of the share count and do not want to engage in any further dilution.
Once current operations are working efficiently and free cash flow is accumulating, only at that time would I even entertain an acquisition.
It's funny I have a friend who often quotes the "Pigs get Fat and Hogs get Slaughtered" statement to me and it is directly related to this stock. I have a lot of shares and during the last run up in 2011, I didn't sell any shares and he brings that point up often and adds the famous quote to get a rise out of me.
Hopefully this time around I will have an exit strategy.
To me this is a very exciting stock with so much potential. It's hard to be patient holding this stock but in the end we will all be happy we did.
I'm just curious where everyone is from. I am a Principal in Northwestern Ontario, Canada and located very close to Red Lake, Ontario where Goldcorp has mines and the infamous Rubicon Minerals Golden Phoenix Mine is located.
Take care!
PikKid