I know you guys aren't complaining but we are splitting hairs here anxiously waiting for news of 51 and 53, I get that.
But to say the buyers didn't get a deal... come on! now we are upset that our management
team got a higher price for our stock from those that usually abuse junior explorers lol!
Closer to reality is that there were likely alot of players that wanted in at the price we
are at now and were told emphatically NO! The difference between what they wanted
and what our all time high was split in half. If I am on the AMW side I can say "hey lets just
wait until all of our assays are in and then talk price for those million and a half shares!"
The AMW guys have been through this before and so for our benefits and the co's they
looked at what they needed for the remaining drilling of PLS over the next year and a half and
estimated that the value of the amount of $ we would get from the offering overshot the cost
of waiting. I agree that it would have been nicer at 6 bucks but our management teams are
professionals at "playing the game" and so split the difference with the "money men;" they get
something we get something.
I think while the price is down a bit we should all drink a cold one or two and enjoy
that for once we all own a company that appears to be holding better cards than the
money lenders. Oh and the Leafs look like they might make the playoffs for the first time since
Hurricane Katrina!!
All just my opinion of course
Lev