Re: stock price
in response to
by
posted on
Oct 24, 2008 07:12PM
Producing Mines and "state-of-the-art" Mill
The only other option may be a buyout by another company. More then one company are interested in us. I think our financing was sabotaged. That is where that whole securities letter came into play. I believe it removed the Ni43-101 value from our McWatters property. Someone or something did not want our company to get that financing and then the price of Ni really turned south.
I kept feeling the same way too. Our resource was real and it is a good resource. I averaged down too but I could not give advice now. I knew how bad my advice had been to hold on to our shares.
I think we have to learn just one thing from this and that is to figure out an exit and entry price for our share when we buy into a company.
Finally, maybe just maybe something will work out for us. I hope traps is right and Gary can work out something for chapter 11 or something .