GREY:OLEPF - Post by User
Post by
iop42on Sep 09, 2011 3:02pm
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Post# 19027563
really?
really?Arlene2,Goldfather and other investors;
Watchout for Mr. Allen Richard Hill at TGZ – from my experienceinvesting in GBU it is my opinion he is a sly fox who will bend andcircumvent rules to get what he wants. That may be a good thing forinvestors until he is called up on it at least. I think he has wantedour property since he got involved with the TGZ and transactionsconcerning MDL. Of course who can blame him we're all around hisexisting mine and facilities with a large land mass and multipledeposits.
TGZhas managed to take the MDL mine there and turn it into a moneylosing mine. It seems it likes to play the hedge game - oil andgold. Per financial statements from the last quarter TGZ is out $2.3million on them – a major portion of its $3.4 million loss to theend of that quarter. I do not like any mine who incorrectly hedgestheir production and I haven't seen any do it right.
Alljunior and exploration pm companies are in a dreadful slump. This isa buyers market changing to a sellers market. Think 80's but morepermanent. Regardless of who the buyers may be, don't rush it Chet.Just wait – same with drilling.
IfTGZ is looking our way and I can't imagine they are not then theyneed to do their own dilution and/or share swap. How would you feelabout shares in tgz?