GREY:PVTTF - Post by User
Comment by
BAMitchellon Nov 08, 1999 2:55pm
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Post# 1066040
RE:Atkinson
RE:AtkinsonNo use crying over spilled milk .
(1) we would have had dilution .
(2) Once it became clear that Atkinson was not going to raid the piggy bank PVO management was in a position to look for a "Good Deal" if you look at what was spent on Silvertip in the past and you look what PVO has to spend to get 40 to 60 percent of the project .It should be clear that they have a good deal.The bonus here is the reserves at Silvertip will go up, what we got to wait for is by how much.
(3)These guys have not done alot of promotion But I did not expect any . Promotion costs and if you look at their burn rate these guys are in for the long term.The value of the properties will eventualy move this stock and when the price of the stock moves far enough I expect promotion to kick in (of one sort or another)
(4)I took out the 2500 shares at 50 cents today and will grab some more if it drops lower on no news(which it could very well do)
(5)This is all speculation on my part and IMHO and
all that other stuff. FWIW
Best regards
Bruce
Kidl if you could post market depth on this puppy every once in a while it would be great.(Love to throw in the odd stink bid. ) Thanks