Re: Just a Thought on the PP
posted on
Feb 04, 2008 05:00PM
This is bugging me
They don't need the money
With so much going on currently it is highly doubtful that the share price would go down significantly...so why not wait for the share price to go up...one announcement of another deposit (on NOT's property or even an area play like BMK) or one stepout or the completion of the NI 43-101....that's all it would have taken...then do a PP
Are they maybe doubtful that they won't be able to increase tonnage or that there isn't another deposit...that I doubt
So then....why? why now?
Maybe they got Richard on a bad day....they pushed the price down to a level that was hard to believe they could push it down to....maybe he felt beaten, doubtful and gave in...maybe he felt it was a good thing for shareholders as the price was approaching $2.50....there was talk Richard wasn't feeling well...maybe that's when they got to him.