posted on
Jun 17, 2010 06:41PM
Message: Re: A thought
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MacRae is not a dummy and he will not sell. At least this has been our conversation until the split and hopefully an upward tick.
What you need to fear is an upward tick and if the company has a game plan to replace the bail outs with new buyers. The institutional types will come and go when they thing it is best and obviously Bending has been telling Pinetree and Dundee the good news story. However Mineralfields has bailed or has started selling.
This is a poor time for stocks to trade volumne and going into the summer is a tough sell and this company needs hard cash. Go figure that one out!
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