InvestorsHub Logo
icon url

futrcash

10/22/13 12:01 PM

#140 RE: nyc13 #139

Thats a difficult question,and is predicated by the timeframe-

However,I'll climb out on a limb and tell you that I'm not selling before the entire district is explored which will take some three to four years at least.

And I don't intend to sell for anything under $5 perhaps 2x that.

futr
icon url

benandemmiboo

10/22/13 1:15 PM

#141 RE: nyc13 #139

GSV has not formally announced many of the things which have been mentioned in Calandra's updates -- so more catalysts/press releases are forthcoming.
As for personal price target, it depends on the news. If I don't know why it's going up (like MIDAS from .80 to 1.20 in August), I need to start learning to cash in some profits when the stock seems to start a downward drift.
That said, I reckon the best thing to do is have a thesis and stick to it (which I often have failed to do).
I had a thesis on Belo Sun, bailed on it when it dropped under 40 cents, and now it's up 40 percent today. Ditto for another miner last week. If you read press releases, and drill reports, and everything seems good to great, and the miner seems heavily undervalued, they likely are. Trust yourself (or an analyst you believe in) over the daily market fluctuations.