Post by
long342 on Nov 15, 2018 3:40pm
2008-2010 All Over Again
Pump and Dump in markets. Big players selling off assets for the last month. Are we seeing the beginning of a recession on the horizon? Sears toast, J. C. Pen>>> toast ...more to come???
Comment by
andrewkursa on Nov 15, 2018 4:41pm
Without a positive drill results gtt is going only south. I'm keep selling and buying back this stock for the last few months. No complaints from me at all but I'm afraid the news won't be good. Time to start buying CXO ,at this price is a steal.
Comment by
ikebalinski on Nov 15, 2018 4:59pm
This post has been removed in accordance with Community Policy
Comment by
redmetal on Nov 15, 2018 5:36pm
Andrew, are you a long term bagholder of CXO and want some of us to buy their useless shares with our GTT money?
Comment by
TapAndRack on Nov 15, 2018 7:28pm
Both stocks are useless right now. The last news release is still tanking GTT as well as I suspect the results of the last drills will be less than what we anticipated. I hope I'm wrong for those that are holding but I have no confidence the results will be spectacular. Good, likely, but not as good as the speculation is.
Comment by
redmetal on Nov 16, 2018 12:29am
Man, thanks Tapster. I guess I will just sell to house 11 and 59, who bought shares all day. Those are the guys with the price targets of $6 and $3.75. Maybe they are being rewarded with slow news.
Comment by
Plum62 on Nov 19, 2018 6:59am
Exactly, I'd much rather follow Tapout than the big boys in the know.
Comment by
TapAndRack on Nov 19, 2018 3:11pm
I'm sorry to see they stock is going the way I predicted for those that stuck it out. But perhaps you should not have been so dismissive of my statement. The signs where all there. All the best on the next two holes raising the price and you recovering your money.
Comment by
Zerosum on Nov 19, 2018 3:43pm
I'm sorry for your poor understanding of the value (on a per tonne) basis of a porphyry copper-gold discovery in a low geopolitical risk jurisdiction. Do you realize how many tonnes this represents?
Comment by
Nutbag on Nov 19, 2018 4:19pm
What makes you so certain of a hard sell-off? MC is still <$200M. They dont need 1km x 1km X 1km for this to be highly valuable. Even at 500 x 500 x 500m they probably have 337M tonnes at ~1gpt equivalent.
Comment by
TapAndRack on Nov 19, 2018 4:23pm
Oh there is no debate that the results are good, the problem is, GTT hyped their stock based on these holes being EXCEPTIONAL. They arn't, and certaintly not the $6 value over 12 months which they predict.
Comment by
andrewkursa on Nov 19, 2018 7:18pm
The news is good but I'm afraid market expected much better,so unfortunately we're going down. Once again policy of not falling in love for any stock works for me.