PINL:HLOSF - Post by User
Comment by
ventureveston May 31, 2010 10:17am
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Post# 17142865
RE: HLO ......Spin-off
RE: HLO ......Spin-offI don't think a spin off will do anything for HLO.... The whole jr venture market is very depressed at this time.... regardless of stage of exploration.
What is needed is to achieve a critical mass, and that could be done via an amalgamation of several Jr companies as I have suggested.
HBM has an ongoing disput with CAA and has been forced to pay up..... If CAA was to aquire more potential projects that HBM is involved in, HBM would have no choice but to aquire CAA down the road.
What is missing in the market is the end game... that provides the sizzle for investors to get into the Jr market...
IE the sudden amalgamation of Ram and Sierra this AM Both companies are off their highs... I would bet that by the time this is done Ram is back to it's High of Jan ...JMHO
"Sierra Geothermal Power Corp. and Ram Power Corp. have entered into a non-binding letter of intent in relation to the potential acquisition by Ram Power of all of the outstanding common shares of Sierra. "