I would definately not be selling Shoreham for Duran. Duran is overbought and due to correct soon. Shoreham on the other hand has had quite a lengthy decline and is oversold. Shoreham also has a multitude of properties where Duran has just one worthy of value.

As for the split I am not for it as I don't see any benefit to shareholder value. I think it unecessarily deflects and also brings negative deja vu with George Brown and MMI ...as well.

As for current price of SMH, its a buy if I ever saw one.

I am sure Dave is going to filter out the things that have been suppressing progress over the past 6 months but I have to disagree with him on the need to split.

Shoreham I believe can succeffully develop into a large and valuable company with a multitude of valuable assets ( and not just one ) both in Canada and Guyana. But the self interests will have to be weeded out from the longer term benefit of all shareholders.

Let's hope Dave keeps his promises and his eye in the light for the benefit of us all here invested in Shoreham.

Anyway, that's my tid bit. There is a lot of catch up to do and I believe there is a huge disconnect between current share price vs potential value of all assets under SMH and with gold sitting where its at as well

All the best and don't be fooled.

MINT