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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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From: kidl11/4/2007 12:31:24 PM
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Hi girls / guys,
Used to own this years ago, got bored with it, sold and lost sight of it.
Recently a friend of mine brought it up again. It's his largest investment. This prompted me to do some rudimentary DD. Gee, this thing has surely come a long way and not just in terms of SP. Now I am thinking of picking some up for an RRSP account with a 2 to 5 year investment time frame.

Question: Would you guys still consider it a buy at these prices?

Not looking for investment advice. Just a few opinions from people much more familiar with the company than me.

TIA and Regards,

kidl

PS: My friend has a pretty lofty SP target over the next 3 or so years based on anticipated growth (internal and through acquisition) and a much higher multiple based on the US listing.
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