GREY:WFEMF - Post by User
Comment by
ark88on May 20, 2013 3:35pm
162 Views
Post# 21418001
RE: RE: RE: RE: Tomorrow ....
RE: RE: RE: RE: Tomorrow ....Don't sell tomorrow morning. You'll regret it.Take a step back and read the 2 NRs again. First, Fridays was very poorly written and the negative reaction to it was largely due due to the fact that the previous NR by the CEO which was also poorly written, left the impression that very good news was forthcoming. Taken in this light, Fridays NR does not appear so doom and gloomy.Sure, it's disappointing that more test work needs to be done, BUT, at the same time it's reassuring to hear that there's full complement of staff on site pushing the project forward AND most importantly the IMC deal is still ongoing.Having said that, the new twist to all this is the stated need for financing which to me was also poorly communicated in the NR. They need to clear this up with another NR. Before jumping to conclusions let's just see what happens tomorrow.I'm betting that by noon the SP will be back to where it closed on Friday.>