Re: Care and Maintenance.....
in response to
by
posted on
Nov 01, 2008 10:43AM
Producing Mines and "state-of-the-art" Mill
Hi Wanderer, I don't know what is in store ( Monday) but staying listed will be key to having hope if you are a shareholder. Listing requirements are many and who knows what is or isn't a big deal, but holding shares that still trade is key. If people want to bail and get the top price watch how fast they head for the exits come Monday open. There is a possibility these same people come back later and cheaper to buy back in as the gamble begins and if LBE has a life there will be big gains after re-entry. Tax loss is another factor as you stated.
Releasing this type of news on a Friday after close will definitely let many digest the news and ready for a wild Monday open.