Re: A Year Ago
in response to
by
posted on
May 21, 2009 05:13AM
Producing Mines and "state-of-the-art" Mill
I suspect Beerbelly that the Chinese would likely convert some of their preferred shares to common shares if they had the chance to sell some of their shares for $1.00 vice $0.11. Many of us would be selling at the same time too. Once a long time ago I asked the BD president about dividends for bulldog and he said we likely would never see any. He said that the role of companies in the junior sector was to develop share price and that is what most companies can deliver.
I do not know what Our sp will be when we start again. I know now there are so many variables. We are rebuilding our company. Our choice now is how long we hold onto our shares. That will be a totally personal choice. There is a lot of money to pay back. Our management has kept us going when I suspect the financials show we were bankrupt. Then we would have received absolutely nothing for these shares. There is alot of work to get us up and running again. Our audit is taking longer then we thought originally but to be fair to the auditors - there are alot of unique transactions to follow through 3 entities.
As a stockbroker Beerbelly, what price would you expect that Liberty would start trading at? As an ISM shareholder you have developed an expertise about Liberty from a non unbiased third party perspective? Liberty meets the TSX requirements - how long is the waiting period?