Rago - Cinema - Macloud
in response to
by
posted on
Aug 10, 2011 10:12AM
Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.
Rago - no way you will see a dividend of chm stock to shareholders...the only way chm does that deal is if they get a standstill agreement and no movement clause from fnc and vote with mgmt - to FEND off hostile bid..... spreading the stock to wide group would create more opportunity for takeover.
-NOT - no way that peter and noront agree on a price in this market...
Cinema - i am not surprised - management SUCKS at PR and cannot tell a good story nor convince anybody of the vast mkt discount we trade at ... and MF who according to Rago loves us so much - does SFA to help promote the cause... why does wortell like fnc... why not encourage others to jump on the bandwagon? So the drop is expected and the rebound won't happen easily - unless there is a concerted effort to get analysts to praise the assets... Junior stock in terrible market with terrible (horendous) management that moves at a dead snail pace.
Macloud - Buy backs are a great idea for big board stock - not juniors that always need money or risk losing properties.- won't happen in our lifetime
we need a "well respected - sharp" new president and ceo.... peter should only handle VP explortation - and even at that he is overrated..... what has he himself found lately? ROF - he can't find the nickel and he doesn't like chromite - Lamalee and Magpie were all givne to him by Sheridan - as was Champion ---- Argex - not sure - but he sold that for peanuts. ...
rago - other than the bravado about how good peter is - bottom line - how much GAIN do you have in this stock???? ZIP- - easy to say be patient - but i would rather be patient with somebody who is connected / has credibility - doesn't run companies like a private fiefdom - and doesn't get stracted with new properties before maximizing current properties.
that's my two cents - and without Bob Granger - Peter is NOTHING!!!!!!!!!!!!!!!!!