GREY:DTEMF - Post by User
Post by
my2bitson Jun 28, 2008 12:15am
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Post# 15240489
Update on annual meeting DIT/GMR
Update on annual meeting DIT/GMRI would appreciate if an update on the annual meeting for DIT and GMR.
I believe, in both cases, the Shareholder Protection Plan has been accepted and that SinoSteel will sign subsequent and in agreement with the terms of the LOI - however a little latter than first anticipated. What I understand is that they have done their review in China with their team members and not in Canada. Does not change anything other than making it easier for their auditors and other analysis to determine what properties they will invest in.
As for the share price until it goes above the 0.65 it will not mean much - remember that a year ago we were at $1.20 and in the 0.80 in December and January - until we see the head-and-shoulder gain on the upside we will be playing sideways and with a down momentum; as clearly illustrated in the price swings since January of this year.
Any views or opinions founded on facts are welcomed.
Any views on GMR and why it has taken a beating in June - overbought? profit takers? No news from Forest oil - what is your opinion over the next 6 months.
Thanks to all.