CAS 0.00% 0.0¢ crusader resources limited

CAS should go into hibernation until the USD POG gets back above...

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  1. 10,469 Posts.
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    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.)
 
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