Post by
tommygavin on Feb 24, 2013 11:51pm
Cambridge Show....
About three years ago ,I remember the promotor or public relations guy at the PC Gold booth was " promising " everybody Goldcorp was going to buy this out for between 10 and 20 bucks per share . Wished I wouldn,t have believed him ,it sounded pretty plausible at the time ,Sprott bought a bunch at 1.82.....so for 6 cents ,it may turn out to be a great speculation,then again I thought the same thing at 30 cents as well as a dime .Good thing though ,the closer you are to zero ,the less you can possibly lose.At 6 cents ,the most you can lose is 6 cents .If your brave ,you should probably buy some
Comment by
dabbler1 on Feb 25, 2013 3:47pm
It may still happen but Goldcorp has been stung badly by some purchases it made so I guess patience is the key to this one, large producers have diminishing returns on present properties so in situ proven gold reserve properties will be high on the "To do" list when the time comes.