Wednesday, September 09, 2020 9:41:12 PM
May have a little more left.
We should move back up.
RSI has cooled and reset.
Many eyes are on this stock now.
If a deal is announced it will be too late to get in- as I believe trading would get halted
On the other hand if they announce they have funding and permits for pilot plant and results come back as expected than this will go even higher in share price and bring in a higher bidder.
As much as Cypress would love to start mining I think they are trying to sell the mine currently for the highest price possible and have more than likely already turned down lowball offers.
Could they be worth a lot more if they mine -sure, but a much longer road to get there.
I think they sell this fall or early spring to someone with deep pockets and resources to get the mine up and operating at top capacity sooner than later.
This buyer will not need Cypress anymore and all current CYDVF shareholders will be handsomely rewarded.
IMO
GLTA
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