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Sino Rise Group C.SHD

"Sino Rise Group Holding Corp through its subsidiaries engages in software research and development activities in China. It also provides IT consulting services; and manages and maintains network system applications."


CSE:SHD - Post by User

Bullboard Posts
Comment by coyote13on Jul 29, 2007 10:01pm
380 Views
Post# 13168757

RE: Next Announcement

RE: Next AnnouncementWasn't Alex the one who said we had metalurgical issues that would kill the project. Apparently this was not an issue. So now he says CHD will be 9 months off the mark on the feasibility study. I guess if its the real Alex Black, he might still have some connections inside and know what the truth is. He might be right. On the other hand Ulli and the Board have a duty to warn their shareholders if the study will be 9 months late. They would have done so by now I would suggest were that the case. Maybe the real Alex B is working for Lundin and his scaremongering tactics is an attempt to get the weaker shareholders to sell into a lowball Lundin bid or atleast sell out early. I could be completely wrong on the thinking from the Board of Directors but as a Director if I had any sense the study would be delayed til 2008 I would have told the street by now. Better to tell the street early than to surprize 'em. Lundin on the other hand would like a sell off. They could buy a ton more stock real cheap. Coyote13
Bullboard Posts