Re: When did the PP become a "done deal"?-antlizzie
posted on
Feb 06, 2008 12:27PM
I know I am just a working class blue collar stick in the mud, and that is why I don't understand these "high finance" type deals, but I probably would have waited. ....Me too!, but retired. I've been around the markets since 1965 and that doesn't make me any smarter than anybody else. I just gave an opinion, and it was somebody else's as well. We happened to agree. You talk about missing, even twice or more. Can you imagine where the stock price would go? One miss would be bad enough, but two. In bad markets and scared stock holders you might see some panic. In strong markets it would be tempered, but still down. I still think Noront needed this money in spite of what they have in the bank. They may even need more with all the drilling and prospects they are working on. There is too much at stake here for all of us as well as them to have taken the chance. You can't afford to take the gamble and roll the dice with this. Investors like to see what the finances look like before they but. I know there are 8 anomolies to drill and I like that part. I also believe they will drill the next one and hit. But I like the bird in the hand rather than the two in the bush.....excuse me that should be money. There is no doubt about agreeing with you that, may God bless all NOT shareholders.........as well as should be share holders.