Not Long But Not Forgotten. I have not forgotten about cfo. but like most junior golds, it has not been a good place to be with one's money during the past month. value cut nearly in half.
http://stockcharts.com/h-sc/ui?s=CFO...
I may buy back in early 09 if one of my other ships comes in: kxl, pg, csi, all three acquisition candidates with no immediate need to raise cash.
i do like what cfo management was able to accomplish in terms of fund raising in a very difficult environment this fall. i do think the company has enormous potential and is an acquisition candidate.
i note that aem, which i believe is on the radar screen as a potential buyer, has seen a tremendous decline in the value of its own stock, which could be a currency for a deal. same for g.to, etc.
http://stockcharts.com/h-sc/ui?s=AEM...
but these big outfits have good cash flow, so their lower stock prices are not necessarily deal-killers.
Michael