In its simplicity, you ask an interesting question.
Of course, there DOES exist hope that this stock will hit $7. (Why $7 by the way?)
But you also ask is there any other "promising" stock out there?
I am going to confine my hopefully short answer to only precious metals stocks here. I don't know a lot about other industries.
And the answer is--I do not know of any that are MORE promising than USGIF. There may well be many that are EQUALLY promising however.
The whole future of precious metals stocks lies primarily but not exclusively with the future price of precious metals. If gold and silver decline in value, ALL precious metals stocks will decline. If the price of precious metals skyrockets, then MOST precious metals stocks will also skyrocket.
In addition to rising precious metals prices, the individual Company must also be managed well to properly benefit from those rising prices.
All of us old timers on this board are well aware of what we regard as mistakes made by this Company.
We have been promised a "record" 4th quarter. We will see--probably in late February for those results. Most recently, stock options were issued. Entirely undeserved but that is not uncommon among publicly traded Companys.
Nobody here seems to care but I am aware that we are missing both a Production Estimate for 2013 and a Production Report for the yet to be released 4th quarter.
On the other hand, when you compare the results for this Company vs. many other producers, we win hands down. Our stock price is really understated. (I wish that I could sometimes own a Company whose stock price was overstated!!)
Since I believe that the price of precious metals will rise (I know that I disagree with some here as to just WHY they will rise but the important thing is that we agree that they will rise sometime and, I think, sometime soon.), I continue to hold this stock.
AI
