GREY:VGFCQ - Post by User
Comment by
Heemballon Nov 05, 2020 3:40pm
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Post# 31846009
RE:Current valuation is crazy
RE:Current valuation is crazyI'm assuming Market Master that you're young and haven't seen anything like this this before. You are correct that the valuation doesn't match the price but it's not trading on fundamentals, VERY is trading on future potential. Having been buying and selling stock for 35 years I have seen this before. DiaMet minerals was a great example. Trading at .75 cents they zoomed up to $60 on the discovery of diamonds in the NWT.
6 years later, mine in place, trading on fundamentals, stock at $60.
I hope your not short on the stock MM, you will likely get burned if the Q3 results are any good at all.
91,000 shares and going long
glta