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Alias Born | 08/24/2010 |
Thursday, June 30, 2011 9:28:10 AM
On the plus side of the equation - The price of the metals are not going down anytime soon. With the EU on the verge of collapse and the US unable to see the forest for the trees and get their house in order, and with China's ecconomy expected to grow 100% in the next 10 years, the price for the metals will only go up and make any possible economic viability of an operation only look better. And with a majority owner not willing to sell us down the river, a Chilean in Chile, take comfort that you will not end up on the short end of this investment. It is only a matter of time.
I can wait. I sure don't want to, but I can wait for the homerun. This stock should be in the mid .30 today putting our market cap at around 200 million. The mountain is worth that at it stand today. Any drop in the SP is only temporary and a JV or outright sale will be completed. Sometime in July - probably, sometime during the summer - certainly, sometime this year - definately.
The moutain is real, it is there. Invest what you can afford to hold long term, trade when you can dollar cost down, ignore all the good and bad BS on all the boards, do your own DD with available information, trust no one, and move on when it starts to affect your life in a negative way.
Time is on our side. This is the right time, the right asset, and the right management to make this thing work.
IF you're In, You're In
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