TSXV:FCO.H - Post by User
Comment by
Bestbuilton Jul 11, 2019 2:30pm
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Post# 29909705
RE:I said I would not post again but????
RE:I said I would not post again but????Wynjoe, if Jervois doesn't get their way with the take over, who will be selling that hasn't already jumped ship to drive prices down as you suggest? It is possible that it will go lower initally, but just as likely it will pop back up as the way would be cleared for a more reasonable deal by other suitors. Anyone looking at the long game can see that Jervois isn't going to get the ICP going...and a better deal certainly can be made than the one that Lurch Callahan and the Carpetbaggers (aka eCobalt management) are trying to shove down our throats. Best you can hope for with Jervois is that you end up with their shares, which will languish at current levels and eventually go lower with the asset burn on their other projects. At least a "no" vote gives us options, and sends a message that shareholders aren't going to be taken for idiots on this rapacious proposal.