InvestorsHub Logo
Followers 6
Posts 1875
Boards Moderated 0
Alias Born 11/06/2010

Re: bobby1231 post# 23367

Tuesday, 01/07/2014 7:23:41 AM

Tuesday, January 07, 2014 7:23:41 AM

Post# of 26631
Bobby, I am not against buying at this levels, but we have to be careful about this situation.
Why everyone on this board assumes that whole company will be sold. If it does then you , me and everyone else get that final price, but… what if FQ decides that they do not need Moleron , what if they just buy the road from PTQ with PTQ maintaining “use of the road” , and why sell Moleron now when gold prices beginning to go up.
What if gold trades at $1600 next year and all Fifer has to do is survive this year?
All I am saying as long term shareholder I am OK no matter what happens, but those who are hoping for a quick turn around and investing now thinking for a quick buck - might become long term investors if my theory is correct.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.