John, That was my main concern. Short term survival.
That was the first thing I asked, How to get money into company. I wanted to know about a pp. the shares have to be trading over .10 U S . to get approval, the way it sounds. I sure would take a gamble on G Brett. maybe when tax selling is over, Jan might look better.
I sure don't want to miss lead any one here, this is a pure gamble on gold price rise.
On one of my prior post, Cusac was mentioned as a gold investment. WOW, I could not believe anyone would ever mention it at below US .10.
Another concern of mine was the US listing, I have been in two that have gave it up. I want to be able to buy on internet. I have to use broker to buy/sell on Toronto. you don't have to worry about the US listing.
He was telling me how 1 million shares came on market, one day. I think he was driving to Stockholders meeting. He picked up a lot of them, and they are in bank vault. He has faith, and so do I.
I believe gold in one year will be over 500 oz.
SO that's why I am taking a GAMBLE on this one.
They are not flush with cash, but I think they will make it.
I think Jan will look different. I am starting to buy, and after Fridays call , I sure have a better feel for the company.
One sure can get a better feel , when things are slow and depressed. When things are flying high, its time to sell.
This is sure not the case here.
I was telling Brett, I just bought some CDE at 3 3/8,
so you know there is no air in the metal stocks.
I am going for the gamble, one point I liked , the stock did have a little rally on last gold pop.
What I really like about Cusac, The Mill is there, the gold is there, and Brett was talking about he need over 310 gold US to turn it on.
Well , I believe it going a lot higher. so There it is,
One big Call option. I showed my Dad, I bought cde at 3 3/8, and showed him 10,000 of cusif at .07.
I said, His dad used to be a conductor, ( Brett )
I am from a RR family, I am 3rd generation.
I am giving my dad a gold eagle 2000 in Jan, he turns 80. and in 2010,2020 if he / or I am still here, he is getting one more. Gold is Forever.!!!!
As long as CUSIF still trades, I will be here, trading.
I made the commitment.
wishing all a merry xmas.
Just my guess, they will make it, short term.
"Don't bet the ranch on it.!!!!" |