Re: cdog
in response to
by
posted on
Aug 20, 2008 09:37AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Investlots,
Let's try to look at this logically. Many on this board,including myself,were buying @ 2.15 or 2.00 or 1.85 or 1.65 or 1.50 etc. and posting how proud they were to be able to pick up shares at those prices from the " weak hands ". I haven't seen many of those posts lately even though the sp is even lower! Why?
I dare say that nobody really knows where the bottom is after being burned by buying at a price that they thought was a bottom. I think people will be happier to buy at a higher price if they feel that the stock has actually bottomed and is in recovery mode.
Ask yourself the question, what would you like to see that would make you be a buyer again?
-more frequent nr's
-better quality drill results with depth
-a rising gold price
-a stabilization in the u.s. sub prime mess
-an economic recovery in the u.s.
-overall market recovery ( to have some money to invest )
- more analyst coverage than just national bank
-an end to summer
I think that the things that we would like to see are what everyone would like to see, but we are not seeing it. Therfore we drift lower and lower and investors get more and more reluctant to pick up the cheap shares because they're not really sure if they are as cheap as they will be.
I'm sure others have opinions as well,so I'll be glad to here them.Hopefully these issues are corrected and soon. Rico