RE:RE:This is a good deal!Jimmycash wrote: My aplologies TLV.
You made some very good points especially the timing.
You do declare you are long term investor so I am sure you have looked at the 20 year chart for GH. Since you mentioned 2011, if you had bought on May 4th, 2011 you would have paid $11.25 p/s or for that matter if you had bought any time from 2011 to 2015, you would not be not so quick to blow the companies horn. So let's be real that this is a cyclical stock and nothing you would buy and hold for ever but rather ride the commodity boom and get out before next crash. If you bought during the last 2 years congrats but don't get too confident....Someone mentioned $25 p/s, gl.
Thanks for pointing out the value of Deerfoot it makes the aquisition price make sense but lets be aware management has made money for them selves the last 20 years where investors have had their dividend and a hope and a prayer. gl to all
Owned shares for 16 years.
Know others who have owned longer.
Looking forward to owning GH for another 16 years.