PIR 0.00% $1.49 papillon resources limited

grossly oversold, page-20

  1. 148 Posts.
    At the end of the day this upgrade has taken us all by suprise.. Going from 3-4g/t to 1.76 was very hard to get my head around.. Everyone has a different opinion to this situation but me personally I remain optimistic.. We all have our regrets in regards to not selling in the 90's, which many have said they didn't due to tax purposes etc etc.. But why sell now I ask- As a long term holder I just see this as a fair value stock at current price with quite a few positives which stick in my mind- enough cash to drill for 12months, potential for increase in grade/t, plenty of undrilled country in Mali.. In 12 months time if we can prove up over 1million ounces of our own resource with an average of 2g/t I see that as positive upside potential! I am really disappointed how our company has taken a hit like this which will take quite sometime to build it's reputation again but I just see it as a buying opportunity for those investors who want to buy a no-hype fair value stock with upside potential.. Heart goes out to those long termers who have been hit financially from this situation and I do really hope one day this will be a life changer for many. GL long termers
 
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