Sir Royalty Income Fund SIRZF

RE:RE:$100M market cap

[flamingogold]

You can include me in that small crowd of "unforgiven". I want to echo what was said about the "paper gain" that the non-SRV holders have made. It is only a paper gain, so to crystalize those gains the share price needs to stay healthy which is good news for the street shareholder. Of course, there is a negative to having just a few holding major control but imo that period has already been played out.

Robsopinion wrote:

I think had Fowler offered $5.00 a unit he may have taken it. And he would still be laughing right now! But he really tried to lowball, and used his press releases to try and depress the stock and the sentiment of investors. That to me borders on criminal. I was the only one to speak up at the AGM and one of my questions was " how badly does he think his actions have created animosity between the unit holders and the company, specifically him as the leader" really didn't get an answer on that one. With the stratospheric rise of the unit value, I think most have forgiven/forgotten. When I say most, I do not include myself. 

Mr. Janes, has done phenomenally well with his investment. BUT he put a lot of work into it, and had balls of steel, to say the least. I can't wait for the opportunity to thank this man in person. 

The problem he does have though, is although he has made a huge paper gain, if he were to ever try and sell his massive holdings into the market, with the float we have, the unit price would plummet. Luckily he can just sit back and collect the juicy distributions and make himself whole in 3 or 4 years, the rest (20mil in equity value?) is just gravy!