Valuation, page-15

@taner86 I respect your opinion as I'm sure you do mine. I'm also sure you know I've held my opinion for some time and held GRR stock for many years and still do. So, I haven't just bobbed up on the GRR thread in the last 5 mins. In fact, you may have noticed some HC posters are sick of Stantrent's opinion and have let it be known many times.

"As much as i love to agree, we have a lot of long term holders and short term who are self confessing trading this stock. With the ramping up or down depending on their agenda. We had a few quite outspoken ones who have gone silent and left and new ones have joined."

I do agree there are a few previous posters who are conspicuous in their absence and there a certainly a few who have popped up recently with some, shall we say 'upbeat' posts.

"To say it is manipulated by the ones that were holding it back for a long period of time i would say i cant agree this time around."

Well you have your opinion and I have mine. But, the market value of GRR as a result of the sp trading has not added up for quite some time. Right now GRR's m/cap is $277mil. Two Hundred & Seventy Seven Million!?!?! With the last reported Cash position of $190mil (Cash & trade receivables). So, that places a value of $87mil on the entire GRR business, Savage River, Southdown, assets, plant & equipt ect. Come on, do you really believe Mr Market can only see $87mil in all that?!?!? If not manipulation, how is Mr Market getting it SO wrong for SO long???

"We have had a good increase in share price and anything that goes up in a straight line tends to fall back down just as quick as it has risen. In this case technically we are finding our new stepping stone for the next leg up.
Lets not get carried away with what mr market does on a daily basis.."

Personally I've never seen GRR's sp double or triple in a days trade, in fact I'm having trouble remembering the sp go up by more than 10% in any one day. Even these recent rises have been relatively moderate on a daily basis, and dare I say it, controlled.

But hey @taner86 if it seems like I'm having a go at you, I'm not. Thanks for your response and I'm pretty sure that you and I have more in common with our thoughts on GRR than differences. Hoping all of us loyal and long suffering shareholders get our just rewards in the not too distant future.
***