OTCPK:SPVEF - Post by User
Comment by
jedd2on Jul 17, 2012 11:40am
261 Views
Post# 20121541
RE: RE: RE: GMP on the bid
RE: RE: RE: GMP on the bid They have been looking for an acquisition since Oct 2008 and have not been able to make any progress. They claim to have an "extensive contact base in the resource community" on their website but so far that has not generated any visible results. After many years of absolutely nothing on the China front and with this much time having elapsed in their current search for a project of merit, they will need to come up with a spectacular venture in order to satisfy shareholders (both existing and prospective). The confidence level in this mgmt is at an all time low. Certainly, the current equity markets are challenging, but a competent mgmt team should be able to get things done.