Post by
7Twiggy on Aug 16, 2024 12:59pm
Think we may have started next leg up
Thought it might take a few more days to hit $5 US. Don't think we have seen the last of it. I am hoping for a quick move further up the $5 level. Still think a lot of the selling may have been coming from those in on the last bought deal which was good for all shareholders as we will now own 70% of Cote. If volumes really start to pick up maybe that theory of the hedge funds coming in at $5 holds water, With next quarters profit already 50% in the books and a what looks like another great quarter after that, who knows were the stock price will be.
Comment by
SPACEDOC on Aug 16, 2024 2:06pm
Aftre the 4th quarter and the COTE numbers become apparent a buyout at $10
Comment by
7Twiggy on Aug 16, 2024 2:37pm
Would hate to see a buyout, but us shareholders will have little to say about that. Think this play is worth multiples of where we are today and am expecting the next two quarters to again knock the ball out of the park.
Comment by
SPACEDOC on Aug 16, 2024 2:46pm
I agree but I'll take $10 US when I got it for $2.50 from Vanstar buyout 400% is not bad
Comment by
7Twiggy on Aug 16, 2024 4:07pm
One way or the toher, you got a heck of a deal and it ain't over yet.
Comment by
7Twiggy on Aug 16, 2024 11:51pm
Why would they buy out superior? They have enough on their plate with the mines they already have. Took a quick look at Superior. Looks like a gamble to me. Those in on the bought deal already under water as far as I can tell. I'll stick with IAM which looks like real winner at this state of the game.
Comment by
johnney on Aug 16, 2024 5:14pm
If gold price holds and more, prices in their yearly results will change also! This stock didn't follow the others gold mine producers, I guess just started!
Comment by
johnney on Aug 16, 2024 5:10pm
A buyout at $10, maybe, maybe not also!