Cali,
I hope you get the chance to average down, for your sake. I know what it is like to hold shares that have a fractional value of what you paid for them. (although I'm not as bad off on my average PPS as some of the older longs)
FWIW, I think we will not see the price drop much more that where we are now. I believe we are at the point where the market capitalization of CGFIA is about equal to the value of the mill and equipment alone. (that is JMHO)
So keep an eye on the market. If the speculation of some of our posters is correct, then the window to get the cheap shares may close quickly when mill news hits.
That is a matter of your own trading philosophy, and there is room enough for all of us here. Do what you feel is right for you. (I admire your ability to play that side of the waiting game. My luck in bid sitting never works out for me.)
Good Luck to all you CGFIA traders & investors.
Hoping for news soon!
I just hang out here for the fun of it, that
doesn't mean I'm smart.
