Thursday, September 25, 2014 10:08:49 AM
Yes, it seems to be a self-fulfilling prophecy. It is likely only the boys on this site are the ones selling because they've created a panic situation. My suggestion is, if you believe this company is worth more than $0.20 per share than hold on and quit worrying about things. Otherwise, just sell your position and move on.
Banrowaaoversold has eloquently spelled out that the assets of the company are worth far more than the current share price, even if they are forced to liquidate. And the net assets on the books gives nearly ZERO value to the assets in the ground. If they only get 25 cents on the dollar, that still comes out to nearly $0.50 per share. Get a hold of yourselves and quit selling the price down!
Banrowaaoversold has eloquently spelled out that the assets of the company are worth far more than the current share price, even if they are forced to liquidate. And the net assets on the books gives nearly ZERO value to the assets in the ground. If they only get 25 cents on the dollar, that still comes out to nearly $0.50 per share. Get a hold of yourselves and quit selling the price down!
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