TeckPro wrote: First up is the malarkey from bashers and shorters who support moral turpitude and come out with relentless negative comments and probing hypotheticals assisting to create the down day we experienced on Friday.
To those who decide it's necessary to come on the TUD thread and state that's the reason they purchased TUO over TUD, good for you. I did the exact opposite but don’t feel the need to consistently go on the TUO board and post my personal opinion.
Let's be clear, without the success of TUD's management and positive drill results on TC, neither the TUO nor AMK stock prices will go north from here. In fact TUO has a long list of properties that will require mega millions to drill. If and when this becomes a reality lots of dilution will occur unless a spinout takes place before the sale of TC.
The main reason I purchased mostly TUD and some AMK is that when the TC sale comes through, the TUD and AMK shareholders get their CASH. There is always the lingering question at this point as to what TUO will do with their 20% payout. Using the funds to start drilling their other properties is always an option. So how the share price will react is anyone's guess.
I believe that the spinout announcement (which is necessary for a clean sale of TC) after closing on Thursday, together with the PP announcement prior to opening on Friday, was designed to prevent legitimate retail investors from selling, and I didn't sell. I do believe however that the lack of clarity and timing of both announcements assisted the shorters to unfairly attack the recovering share price after some very positive drill results.
Realistically what is the difference between a PP that does not clearly state purchasing is not available to retail investors, and an insider selling shares at retail, and cashing in on much lower options? As far as I am concerned neither should cause an unnecessary drop in share price but the situation is always used by the black hole operators to rip off the legitamite investors.
While I am not happy with a $1.44 PP share price, maybe they are adding more drills to get some extra holes drilled because of great results? Maybe a big fish is lurking and time is of the essence? Who knows but I rather guess positively in line with our stellar dirll results.
At the end of the day the world is now in a "dog" market due to the worst North American leadership I have witnessed in my entire life. Massive inflation, sky high gas prices, interest rate hikes, unnecessary wars, Covid lockdowns, and many other negative factors. So blame the usless Politicians who are unfortunately at the helm presently and are 100% responsible for this murky Global Financial situation.
The bottom line is that we need lots of drilling and this requires funding, so whatever it takes to get our updated 43-101 to over 50 Million Oz of GOLD needs to get done asap.
All of this is IMHO of course, DYODD, and GLTA Longs.