GREY:PGDIF - Post by User
Post by
mill44on Jul 14, 2016 1:21pm
105 Views
Post# 25052894
To the longs
To the longsIf you have been here as long as I have, it is impossible that you did not notice the effect of pushing has on the stock. When people buy for the wrong reasons, and they can buy a lot of shares for next to nothing at these prices, once they get disappointed, they hurt us. It hurts our ability to finance, it increases the timeline it take to finish the project and so on.
There is nothing wrong to use fundamentals to promote the project, like Ekim does. That keeps improving. But when someone says that financing is not an issue, or that we should find pinks, or a buyout is more than certain, that is empty pumping.
If people know the bad, the ugly, the stuff that makes you worry and still decide to buy that will be investing, not gambling. Those will not walk away if there are no questions after a conference call and will most likely stick around when it comes to raising funds.
There is nothing wrong with educating investors and that should include the risks, not just the positives. There is no investing without risks and this stock is no exception.