I see a lot of people are getting tired of waiting for CYJ to rocket to the moon. Well get use to it everybody because there is no such thing as easy fast money ! To develop a exploration company into a minning company takes years, not months. If the Arizona property holds economically viable gold and silver reserves it would take at least until the year 2000 for a mine to be up and running on the property. Taking into consideration CYJ's properties and outstanding shares, the stock is fairly valued at 60 cents.
Also, anybody who depends upon a "Guru" of any kind (Penny Stock Guru, Small Cap Guru, Investors Guru, there are so many I can't remember then all !) will get screwed eventually. I listened to the advise of many internet gurus, their predictions are 50/50 usually. Sometimes the stock goes up and sometimes it goes down, believe me it does not take a guru to choose these stocks. I bet each and everyone of you, that you could pick stock just as well as any of the gurus out there.
Lone Star rec @ 80 cents now at 28 cents - PSG
Westrend rec @ $1.50 now at .59 cents - SCG
Remember HUN, JAG, IMI, etc I could give you a whole list of really bad picks internet guru's have given. A couple of picks does not make a guru !! Everybody must remember somebody like the PSG has 1750 subscribers, the guru buys his shares than tells his followers to buy buy and buy. Gee, I wonder who is selling when the Guru is telling everybody to buy ? With 1750 subscribers, what do you think pushes the price of the stock up ? Remember after the interest has died down the stock almost always falls ! All I am saying is to be very carefull !!!!!!!!
I stopped taking advice from all gurus about two months ago now. For CYJ, I still like the company. They have some good properties and a mine will probably happen eventually, but it will take a while. I think if you invest for the long term CYJ could be a major winner. For those who are looking for a fast score, your in the wrong place !!!!!!!
So how many people have I pissed off ???????
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