RE:RE:RE:RE:RE:RE:RE:WarrantsGoldy63 wrote: AyuFan wrote:
if there's a takeover at this time, max they will get is $20MM in the most optimistic position.
SNV does not have majority interest in the partnership , they have no money to explore and drill, they only have experience that all other acquirer have an abundance of. Realistically.. they will probably get bought out at 10c per share at their current state. ..
If they have JOA and work plan. then it's a different story... Valuation will be based on the JOA and approved work plan.
At this rate..SNV have nothing ..25% interest in a partnership that does nothing is nothing, that's why people are not buying shares.
And its great to have you as a shareholder Ayu If you think it Sucks that much then why bother posting the sob story BUT hey things can get better lmao . Few here sitting on the bid . Nothing wrong with that . I can wait . JMO. Cheers .
If I interpreted the original question it was hypocritical anyways? Obviously the company isn't looking for minimal ROI... When I first invested here back at 18 cents, then 12, then 6...so on and so on. Losing Budong went down to .02-.025, hung out around .03-.035 forever, had hope for some reason? Laughed at Lionofwalstreets posts (which I'm sure you haven't, but go back and read because they are entertaining). I had the same rainbow smiles as you, which I'm sure Lion did aswell back pre-roll... at a point it starts to feel like maybe the company is really doing this for just a wage, as depressing at that sounds I might pick up more at .06-.065... anyone else follow MXR? I think they took a page off SNV. I'll keep holding till April, which I truly believe is past the deadline of this company to be a 'hero or a zero'. So the question is Goldy63, as if someone would have asked me... how long can you wait?