Post by
marketsense on Nov 13, 2015 1:32am
RE:Reality
Its quite true they didn't have a deal until Friday but they had an LOI which was made public
3 month ago signalling their intentions to everyone. The specifics of that LOI was discussed
pretty thoroughly online but we heard nothing from mgmnt for 3 month other than to say that
discussions were ongoing but no final date was set. There were many questions that went unanswered over this period of time which needed clarification but mgmnt was in absentia.
While they obviously couldn't speak to specifics they could have talked up the deal in general
terms as to how advantageous this new direction and strategy would be. Maybe I'm being
too harsh or unrealistic but I'm having a hard time beleiving that they couldn't have said
something to pique and maintain investor confidence. That being said I am still a bull on
EUO but the're going to need a lot of PR as well as a better market to realize a proper
valuation.
Actually. I think Shawshank covered this aspect quite well in one of his previous posts and
was also lauding the fact then that more could have been said without compromising the
discussions with SIPCA and used some examples to support his point.
Comment by
skelterhelter on Nov 13, 2015 8:59am
EUO is a micro-cap company that 99%+ of funds cannot buy because it is too small. He cn market it to the really small funds and i'm sure he is by calling around etc. Out of curiosity what exactly do you expect him to do?
Comment by
stack on Nov 13, 2015 9:56am
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