RE:RE:RE:Patience Pays do not panicI was also in PYR and I am in big time in CVX.
Both are companies that have a very bright future however you do indeed have to have patience.
I think CVX will happen a lot sooner than PYR.
Once the order backlog gets to half a billion, say for certain within 18 months or likely 12 months, then you will have major market excitement and there will be M&A activity here.
The logical candidate would be Lafarge, their major supplier, however they are likely to be cheap unless we have another bidder and likely this could be another cement company ... PLEASE DO YOUR OWN DUE DILIGENCE.
But I anticipate good times ahead!!
Yup, a good time to buy. The stock was 84 cents until the 65 cent PP arrived and now the stock is 59 cents and appropriately valued.
How do I arrive at my math? Well take the PP, less 10% for the current market, and yes, indeed 59 cents. Yup, management screwed the shareholders when selling at 65 cents when the market was 84 cents. WHAT A BUNCH OF IDIOTS! Lets fire the CFO ...
Flush777