GREY:CIMVF - Post by User
Post by
Hubbieon Apr 28, 2001 4:52pm
335 Views
Post# 3672454
decsion time.....
decsion time.....any comments are more than welcome - I'ld like to get a better feel as to what may happen.
I've been into CQV when they took their last run up, got in at $0.55. Many of you will remember when I first got on this board and started to ask a few questions that may have rubbed a few of the long timers the wrong way! The day after the announcemtn of commencment of operations, I found a little bit of cash and got some more at $0.78 - never expected a run to over a buck that quick. Now the big decision - do I follow my original game plan by taking out my original investment (I've always stuck with a 2-bagger strategy)and let the rest ride, or do I let it all ride for a while? What's that saying about pigs, hogs and greed?
I think we'll probably slip back to 90 or 95 and ride that level untill the end of may. Should see a run ($1.50- 1.75) once #2 starts drilling and #1 test is reported (hopefully the company will keep us informed as to flow rates, etc), drop back and hold at +/- 1.25 - 1.50 until #2 results are out in July. Then agan, all this depends on the timing and results of the gov't of NF regarding the development permit. Any comments on what the short term future holds?? I would appreciate anything on both conservative and agressive positions.