Re: gold/silver price manipulation or real confidence in the US $
in response to
by
posted on
Oct 02, 2008 02:07PM
"....this is where and when I will need the strength to hold...."
At this point that is all you can do ....selling at these levels is akin to practically giving your shares away for free. The market cap of this company in U.S. currency is just about equivalent to one year's worth of positive cash flow of 50K production with gold at 800 dollars an ounce. IT JUST BOGGLES MY MIND.
Why doesn't the market jump on this like "bee on honey"? Perhaps they market simply is unaware of this company. But there may be a more sinister reason. Undoubtedly this company has yet to show me any sign that they give any consideration to thier shareholders ....they keep us in the dark and they seem to think that my money is their money to place in their wallet whenever they please. Furthermore they don't need to worry if their warrants expire worthless ........they'll just reward themselves for "such a great job done" with increased salaries or more produced gold that will continue to disappear. I'm holding for sure. But with that said I also refuse to buy more .....because they don't give a rats ass about me or any other shareholder. Perhaps in time the company will prove me wrong ....and I truly hope it does ....but I no longer place any bets on it. Life is too short. But ultimately this stock is a crap shoot. Who knows where we'll be several years from now? It is up to CSGs top brass.