Re: Blackout = $2.80 so far.
in response to
by
posted on
Dec 12, 2011 11:03AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Forest, I also found that strange. I didn,t expect our sp to come back any further than approx the $2.40- 2.50 range. I also noted that the analyst report stated that the sp would rise in the coming weeks as anticipated results were released, that was 2 months ago. The short position increased which would account for some of the decline.
What the shorts fail to think about with this stock and the increased risk they would have, is that eventually we will sell this property if results are good enough. We are unlike a small company that tries for 10 years to prove up a resource then take another few to mine it theirselves. We prove up and put the property for sale which would give a much quicker turnaround time on your investment.
IMO