GREY:ATBPF - Post by User
Comment by
Blazesbon Mar 17, 2020 7:48pm
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Post# 30819397
RE:RE:A Question For The Old Hands
RE:RE:A Question For The Old HandsThank you Mugmods. You have more than answered my questions.
I am aware of the Knight connection. Goodman seems to be regarded as a knowledgeable operator who seeks deep value where acquisitions are concerned.
Thank you for the background of management with the Knight connection. It reminds me somewhat of the role Eric Sprott plays with junior miners, seeding them with capital to fund exploration. Sprott takes somewhat of a scattershot approach--he spent $150 million total buying pieces of 16 jr. miners last year.
I recall after the 2B results were released the company hired someone to manage future partnerships. That person may still be in place or augmented/supplanted by a new person--i seem to recall a hire in the last year with partnerships in the job description--BUT the goal of partnerships seems to be of primary importance.
When results of this phase of drug testing are released has management created reasonable expectations for the benefits of partnerships?
I believe future testing, phase three, depends upon the financial backing of partners. Is that true? If it's true do shareholders prefer the endorsement such a partnership implies or is there room for a contrary opinion that shareholders would be better served by the company going it alone funding testing bia share issues?
Thank you again.
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