Welcome To The Cypress Development HUB On AGORACOM

Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

Free
Message: I have been informed by

Not exactly a news flash nwoboy. Don't you read SH?

Imo, shareholders are hoping that geology trumps cyp management's past reputation. Usually a risky proposition but one I feel comfortable with at this moment in time. Many companies, even some of the best companies when small(I had a 15 bagger company that used to crater the sp from time to time to allow institutional investors in), play the VSE game. Not that I like them.....it does at times cause one to lose confidence in management, but sometimes you have to take the good with the bad.

This company had made some head scratching decisions at times(cancel a hole and move the drill before doing wedges, etc) and some of them make you wonder but as long as they find some gold in the next 3-6 months or so(many have held this one for 3 to 4 years), I think many longs will stick with them. Goldilox is buzzing around them like a fly near honey so that could be a positive that they believe there is a serious chance the geology and therefore the gold is there.

If they keep canceling holes and doing things that don't seem to make sense, then many longs might give this one up. Almost like the company is scared to see what is there.....they like the story more than finding out what is there. Many juniors who have never found anything are like this......you can sell a story and potential but not dusters.

Anyway, would be interested to find out who your source is in a general sense(another company, broker, analyst, etc). Can you give us a clue???

All JMO..............

Share
New Message
Please login to post a reply