Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Galahad Metals Inc. V.GAX



TSXV:GAX - Post by User

Comment by deloriaon Aug 10, 2011 9:41am
295 Views
Post# 18925501

RE: waiting patiently

RE: waiting patientlyIf you look at what management did (or rather failed to do) with PMM, an awful 10 to 1 reverse split, and the failure to spin offf Red Ore to shareholders, your enthusiasm will wane. They hopefully will find something, but they have never built a mine and in my opinion will never do so. However if they do a JV our futures will change. So they must sell out as soon as the results are positive. This will kill old shareholders as the max they can get will be about 20 - 22 cents USD,
but if they sell to a mid tier junior like Timmons Gold, just to name one, maybe the new management will be able to build a mine and increase shareholder value something management still has no regard for.
They will not permit, nor build a mill nor go into production. If they are smart, and I believe Mr. Dow is quite so, they will explore only and sell at the right moment. As a shareholder I want the value of my investment to increase not enrich management.
<< Previous
Bullboard Posts
Next >>