GREY:ESOFD - Post by User
Post by
apmgoldon Oct 05, 2013 10:14pm
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Post# 21794308
New Funds - Good Sign?
New Funds - Good Sign?
Like Solver I am a long term AMW ESO holder with concern about a premature sale before a reasonable estimate of the ore body is known. Although it seems like we would want to draw from the experience of AMW's management who achieved max value for HAT, personally I am agnostic in terms of who manages PLS - so long as max shareholder value is obtained. It strikes though that the additional $11m influx of funds is actually a good sign that Dev wants to do a lot more drilling to establish what we got before any sale takes place. Why else would we be adding $11m in new funds? Anyone else share my encouragement or have other insight? Thanks