Current share structure will become moot, imho, after the company begins making a steady profit. A share buy back would certainly be viable path in that situation. Therefor, I think the constant proclaiming of how it will "never" get that high is pure huff and puff. Proven reserves (after the assays) will certainly help the market cap, but a net profit will be what we need in order to get the buy back program started. To use infinitives in the case of share price is a bit ignorant, hopefully no offense is taken, because I have to say: unless you have truly prophetic powers and can give me the winning lottery numbers I supremely doubt you can give an infinitive point as to where share price will "never" reach. I think that's the difference between most of the optimists and pessimists on this board, one hears a LOT more negative infinitives coming from the pessimists (imo) than positive infinitives from the optimists.
That being said, I believe in this stock and certainly will be glad to see it move as news comes in over the next 6 months. We, as share holders, are notoriously impatient when it comes to exploration etc, and we feel like we should get to sit over the shoulders of the employees of the companies we have invested in, though good management practice tells us that this can be counter productive for the quick, and more importantly quality, completion of work. While I certainly agree that keeping a company accountable is important, I think there is wisdom in the notion that leading with a gentle lead versus a heavy fist (a vast majority of the time) will bring vastly better results.
This is certainly my own opinion, but I truly believe in this notion as I employ it in my own work.
Anyways, GLTA! :)
GO CGFIA!
All comments are in my own opinion and should not be substitute for one's own due diligence. They should also not be considered as advice for purchasing or selling any stock.
