Monday, October 22, 2012 1:36:31 PM
I'm "in the same boat" as you and many others, KZ. I am totally confused by the large increase in the A/S, but I still see fundamental value and profitability in CGFI.
The lack of communication makes it difficult to discern the reasoning in Guyer's management plan. If the increase in the A/S goes unused (mostly) and is only a reserve, OR if it is used to ready the mill for production, then I will feel much better about it being 1 billion.
I too am in way too deep to sell. (I have over $6000 invested with ~$1.50 being my break even point. I consider myself lucky that my B/E price is so low.) I certainly don't need the tax write off; I'm not making enough for it to be of value to me this year!
So I am "all in" till CGFI makes it or goes bust.
Just a quick note to those who have been asking where I have been lately. As you can see I am still alive, I have been nursing a bad back/discs for the last 6 weeks. That "little" pain in the neck and a$$, along with the sudden and tragic deaths of not 1, but 2 very close friends in two separate incidents has had me distracted. (It is difficult to think about comparative trivia, like investing, when you get hit with bad news about close friends, as I'm sure many of you all know.)
So thanks for your inquiries of concern.
I'm still here to pass out the grog till we all pass out!!
The lack of communication makes it difficult to discern the reasoning in Guyer's management plan. If the increase in the A/S goes unused (mostly) and is only a reserve, OR if it is used to ready the mill for production, then I will feel much better about it being 1 billion.
I too am in way too deep to sell. (I have over $6000 invested with ~$1.50 being my break even point. I consider myself lucky that my B/E price is so low.) I certainly don't need the tax write off; I'm not making enough for it to be of value to me this year!
So I am "all in" till CGFI makes it or goes bust. Just a quick note to those who have been asking where I have been lately. As you can see I am still alive, I have been nursing a bad back/discs for the last 6 weeks. That "little" pain in the neck and a$$, along with the sudden and tragic deaths of not 1, but 2 very close friends in two separate incidents has had me distracted. (It is difficult to think about comparative trivia, like investing, when you get hit with bad news about close friends, as I'm sure many of you all know.)
So thanks for your inquiries of concern.
I'm still here to pass out the grog till we all pass out!!
Don't take my word for it, Do your own research! Then you will know it's true!
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