read following post about GCX on www.stockhouse.ca/billboards
Posted By: Goldbuggy2 Post Time: 4/14/2007 17:21
Yes, their are "other if's " seuss, and they may not find more gold, which I highly doubt. But you are certainly welcome to your opinion. We can't rebuttal something you or I can or cannot prove until summer. In the meantime, and if I was a Newbie GCX Stock Holder, the only question I would need to ask myself now is; "Who should I believe?". Seuss, who at times seems to have a negative disposition about this stock on our Bull Board, or Garry Stein, our chief investment officer, who on Public ROB-TV recently stated that Golden China Resources would double their gold resources by this summer. Hum???.
I did hear something about some other Michelago royalty deal seuss, but to be honest I never could find anything written about it. If you can get to the bottom of this, much appreciated.
All the point I was trying to make here, about the older company going up in share price like that in the past 3 years is because they went from speculation stock to one in production.
They were able to achieve this before us because they are older than us, and thus had more time to prepare. This is where I see GCX now. So all that I asked is that if you compare two companies, be fare, and give them the same amount of time to prove themselves.
GCX has big plans over the next 3 years, which includes 2 expansions at BioGold and bringing on 2 gold mines into full production. If they are successful in this venture, anyone, who thinks this will not effect the share price of the company should invest elsewhere. But then why go outside of Golden China Resources' Holdings, for that kind of share appreciation Silvercorp got? Which was from $0.25 to $20, and in which is a 8,000% Profit.
Had Dredger read my post on "Peter Secker" who is our Vice President, Exploration and Development, he would have seen in the first or second paragraph that Michelago enjoyed a share price appreciation of around a wapping 26,566% but in only 6 months and not 3 years, when they got the BioGold Plant. So had Michelago started out at $0.25 it would have ended up around $66.40, which is more than triple Silvercorp's. So then which one of these two was the better investment then, Michelago or Silvercorp?
I suppose we could fill this BB with success stories and failures, but my whole point is, give the company a break, and a half decent chance to prove themselves before you step all over them. We are not hear trying to establish bragging rights. Save that for your Buddies on the weekend. We are here to discuss a stock called Golden China Resources because, and hopefully, you own shares in that company.
GB
MIC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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