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Gold/Mining/Energy : CEAPRO INC.----CZO -- Ignore unavailable to you. Want to Upgrade?


To: ciao888 who wrote (34)7/25/2020 8:33:14 AM
From: haroldhecubah  Read Replies (1) | Respond to of 53
 
ciao888

You are correct, this is a very non-promotional company.

I think that Gilles Gagnon takes a little different view of the typical promotional roads that many other companies take. I do know, however, that some promotional activities may bolster a share price in the short term only to fall back to where it started or below after the promotion is over. I do know that this type of risk is not something that Gilles Gagnon is interested in.

Since the company is not interested in raising money at these levels and does not have a specific requirement to raise cash in the immediate term, what would the purpose of the promotion be? The only logical answer is to raise the share price. Gilles Gagnon has made it well known that he believes the share price should be much higher and I think that the recent research report was correct in its price target of $1.50 or thereabouts.

If the right buttons are being pushed from a corporate standpoint, the share price will move up. When you are building a business on a brick by brick basis, it is more important to get that right than anything else. The share price will, at some point in time, bake in, the corporate successes. I think that we are very close to that "at some point in time". The US buying has picked up and I believe that is a true signal of what is about to take place.