What we really need is...
in response to
by
posted on
Mar 21, 2014 05:07PM
(Edit this Message from the "Fast Facts" Section)
What we really need is REAL confirmation from the new "players" ...Jack F. and Julios... that they are vested. It would be great just to see their names on the 10Q holding hundreds of millions of shares. That would be a start. It would be even greater for them (and John L.) to speak at the next shareholder meeting and talk about the future of the Company. September should be great timing. By then the 43101 should be done and they would hopefully have the 3D imagery of the mountain done also. The next step would be to drill. They, along with John L., can layout the next steps and what the plan is to realize the value of the Company. Hopefully PQ is sick that day.
On a side note...
Obviously the Company isn't really worried about the share price. If they were then they wouldn't have issued all of those hundreds of millions of shares on December 31 of last year (just a few month ago!!). I'm sure they KNEW that wouldn't be received well by outside investors ...as currently reflected in the share price. No one can convince me that they AND EVERYONE ELSE involved is THAT stupid. If they really wanted to raise the stock price, they could just issue a moratorium on any new share issuance until progress was made. That would shoot up the stock price instantly. I think (hope) even PQ understands that having more shares that are worthless are exactly that ...worthless.
Their plan may be convoluted, but we will have wait and see it play out.
I think "things" are getting close. I picked up 2 million more yestedray and today.