2 days ago I said lock profits close to $3.00 because it will fall like a tonne of bricks.
what do you know.... down to $2.56
take example from FMG, LYC and all stocks that have risen in such an aggressive manner are now trading below PE's
SIR, once that once in a lifetime trade but will eventually end up like the rest of the stocks trading at undervalued prices.
Ok, a great resource has been scoped, what now? Capital raise, capital raise, feasibility study, bankable study, concept to design, construction, and production if it even makes it there.
So many more hurdles and no guarantees.
You choose :)
Zack
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