GREY:PGDIF - Post by User
Comment by
mill44on Jun 03, 2016 9:59am
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Post# 24930967
RE:Healthy churn
RE:Healthy churnTo me the last 2 days point to a lot of people being perfectly happy with a 100-150% gain, not really willing to risk going for more hoping for a deal. The PEA might be the next stop for a lot more. If no deal is announced by then, it's decision time for management, rights offering (unless Robert is willing to pay more through a PP) or put the project on ice until someone shows some interest. Either way, the chances of the news day setting the high for a good while are pretty good, because even the long longs might decide to raise some cash in case the company decides to try it on its own.