Looking for comments please?So a company, (Strathmore), sells a decent piece of property to a competitor and as part of the payment asks (or agrees) to be paid partly in shares in the same company they sold the property to. Presumably a company does this to strengthen their position going forward. So it would seem to me by buying into CXX, Strathmore sees some potential in helping CXX gain strategic strength in Wyoming and thereby helping their shareholders and themselves.
So I go over to the Fronteer Gold BB to check out if anything is buzzing about their Aurora property and see that there is some buzz under the Subject line Uranium from one of the posters. From what I gather they are gearing up for the moratorium lift.
The last while the markets have been strange and profit taking has occurred yet CXX has held up alright after a recent spike (so far).
So can someone please offer some honest constructive criticism as to why a person would not want to start aggressively nibbling away at this stock for the medium to long term even though there is uncertainty with the share consolidation etc?
looking for thoughts,
Leaky