Re: Buyers this morning
in response to
by
posted on
Aug 19, 2010 11:41AM
Thistime
Doing fine, wishing Cliff would hurry up and get to the squeeze out stage for Spider already... I could use the dry powder :)
Anyway, sorry about the 'desperate' comment, it was a little stronger than I meant it to sound. I just get tired of the repeating of all of the cloak and dagger ideas that so and so is sneaking around collecting shares, shorting and other things to manipulate the SP. It starts to sound like the Roswell conspiracy after a while.
As with all of the other press releases, you will see a big spike in volume prior to the announcement of the take over bid. Personally, and I have commented on this before, I hope that Cliff stays away for a couple of more months. I think that they might, given that the Spider deal isn't completely sealed up yet, and they may wait until that is closer to completion first. This delay will allow our drills to get further resources proven up, putting us in a more complete position to deal with them.
I also hope that our BOD is preparing to sell just the Chromite properties. There is still so much potential in the other properties that it would be a shame to see them taken out for literally nothing along with the chrome.
Cylinder