CAS should go into hibernation until the USD POG gets back above 1800, then this will become a 10+ bagger.
But that is easier said then done - it could take many years before we see USD1800/ounce again, and CAS could lose its gold assets along the way. It is also a problem for management which needs to feed along the way, and for shareholders who may not live see the day of redemption.
I am just checking up on goldies on my old watch lists to see what is still alive. I would have sold out here in either 2012 0r 2011 for the last time, I think. Somehow I managed to escape with my skin intact on this one, but never made much money trading it.
GL to all.
loki (promises, promises - yeah, just show us da monee.)
CAS Price at posting:
2.0¢ Sentiment: Hold Disclosure: Not Held
