Last Friday morning, I was on the terrace of the villa that my friend RK had leased in Barbados, trying to imagine how to get a 24 in the cooler for our day at the beach, when the stock was halted.Immediatly , we began speculating about the reason for the stop of the transactions. (jv with a major, 50 to 80 offer, etc). I said to my friend: the worst that could happen is an offer @ .40 ACCEPTED by management. It is sure a gain of 75-80% on hundreds of thousands of shares is a gain not to disdain, but when one sees the incredible potential of northern Quebec, and the vast area of ??our properties, it would have been better to wait to see the decision of the Court of Appeal ... We win all arbitrations, and I'm sure the cause were not even heard.
I have not sold a single share of GBK, and I'll wait a little, at least until receipt of proxy.I'll study it and after I will take the right decision. But Nevertheless, I wish one day lawyers, linked to a major shareholder, go to the end of the case. After CZZ and GBK, which is the next to get fucked?
If and only if, there is nothing to do, we will send our earnings a bit further south, but north anyway.I'll talk later about the company in question, but for now, expect to see the next developpements.We still have some time, and it is permitted to be hoped for improved end to the story.
Couples 4