Re: Brokers Meeting ....spiny, rick
in response to
by
posted on
Apr 14, 2012 01:05PM
(Edit this Message from the "Fast Facts" Section)
Thanks for your takes on the issues at hand. Maybe I am looking for some sort of silver lining in all of this and misreading the documents.
GHDC 10K will help clear things up.
I don't like the share dilution at all and Rick your feedback on PQ's greasing his pockets with shares doesn't help our net worth. He just pumped up his SFMI share volume because the new claims/acreage are under SFMI.
According to RK, financing of the drilling program and 43 101 is happening. I have to take his word on it. When and who is financing it and at what cost to the shareholders is anyone's guess.
spiny...maybe I am reading the percentages wrong or it is written in a confusing manner. I understand your points you have made.
I attended the last SHM, there was excitement in the air and all these expectations PQ and RK said would happen. We are all here still waiting. 43 101 was to be filed in January..we are heading into May. It was said, they had around 1500 ounces of gold. How did we end up with $174 in revenue?
One benefit we have going is SFMI is under SEC scrutiny. SFMI is no longer a Pink and have to report what they earn and claim.
GHDC report comes out Monday..if I am wrong. I will admit it and say I misread the 10K and percentages.
Is anyone familiar with Palmirs Corporation?
http://www.corporationwiki.com/Florida/Tampa/palmirs-corporation/67023636.aspx
I pose this question to myself?
Why would PQ collapse the company when he has shares in both companies?