I have been following this stock very closely for the last 6 month's. At the current price, this one is a STEAL and a no brainer. I say this based on my DD and several people I have been speaking with who have a wealth of mining experience in South America. In conjuction, I have heard from some of my close friends in the industry, that this pick is being looked at very carefully by 2 very major gold producers. Apparently, the property is that good and the price may be just right. Anyhow, I bought quite a few shares back in February and sold the vast majority of them when the price peaked a couple of month's back around $3. At current prices, this stock is a steal and I honestly can't envisioning it going anywhere but higher. That is precisely why I have been acccumulating the last couple of days. I anticipate, providing gold does not further deteriorate, that this one should be near $2-3 by year's end. They are looking to get listed on the TSE very soon, which will definetely help with exposure.
I am meeting with a long time friend tomorrow to further hear what he has to say about this one. He is extremely bullish on this stock and has expressed to me that management is very sound, is all facts and has no intention of trying to hype this stock, unlike other bogus junior mining picks, notably on the VSE. Apparently, the president, Mr.Livingstone has an excellent reputation and is well regarded in the mining community. I'll keep you guys posted on any further developments. But I got a very good feeling about this one. After all, it would be a nice Christmas gift!!!
Cheers,
Zeus |
