RE: RE: canaco is treating us like mushroomsYeah, i think we all concur a NR is in order.... i do not speculate we will have a red day as i think the market has factored in the loss of the acreage.. could be wrong but i'm surprised how well we have held in there, thus substantiating my theory..
Now as much as i want CAN to put out a substantive NR, i speculate the situation is more complicated than most here realize. opinions below:
1) Putting out drill results may only increase the value SOC MAY be entitled to (unless they are bad?), so why shoot yourself in the foot?? or not?? (don't forget SOC hasn't spent a dime on exploration, and without CAN's exploration results they don't have much to base a value off of.)
2) Dividend shares. hmmm to divy before resolution or after.. question.. do you want your divy shares diluted with any POSSIBLE settlement shares SOC may receive? this is a whole other kettle of fish.
Food for thought