TSX Review
posted on
Feb 09, 2008 06:09AM
Fuel Efficient and Clean Emissions
Well, it wasn't what some people expected. I've know for a while that a few shareholders had lodged complaints (that's how it came about), hence my comments in an earlier post. We all knew that they had to take down testimonials from the website, as did HGS. Other than that it looks like they have to put in place policies and procedures to ensure 100% compliance with TSX requirements, yet there is no indication that there has been violations. There was a rumour of a halt being initiated by "Mr A Grant" this week, if DYA were subject to such actions it would have been a CTO which indicates to me that whoever started the rumour isn't too clued-up on the protocols. There are some shareholders who would very much have liked a CTO, it would have given them more ammunition. But, it appears that Tom and the crew have been vindicated, as I expected and predicted to those who initiated this action, that they would be. Why weren't we told by the TSX? Policies and procedures I guess.
I am scheduled to talk with Tom on Tuesday. No doubt he won't be able to say anything, in line with exchange rules, but I'll certainly ask.
Maybe now whoever has been selling cheap shares will look back and realise that hanging on would have been smarter, but then hindsight is 20-20 they say. Maybe this is what was needed to dis-bar the institutional investors. Afterall, the company has been audited by the powers that be and there is no indication of wrong-doing, just a case of crossing a few Ts and dotting the Is. Under the microscope of course, but apparently Tom's used to that. Next week should be interesting. This is a very positive issue for the company and shareholders alike.
Now, back to business. Would my stab at 35c by the end of Feb do it for most of us if it appears that we were on the way to $5? It could be much more exciting now of course...........
GLTA, especially the longs, Rich