OTCPK:NOSOF - Post by User
Comment by
Bentonstockson Jan 10, 2008 12:53am
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Post# 14178673
JOHN EMBRY ON BNN
JOHN EMBRY ON BNNSomeone I spoke with this evening mentioned that they thought Bay St. is miffed about not getting a cheap NOT financing after the discovery, and are pushing it down, particularly in light of Nemis's comment about the next financing being at $10...
It seems the recent Canaccord Morning Dishwater, and Sprott's latest comments from Tardiff and Embry, are part of this objective to force NOT to have finance at a lower market cap, and the only way we will win this battle is if Nemis can pull some spectacular news out of the bag and force the SP upwards. This is where JPM and IBK also need to get their collective asses kicked into high gear. They were hired to fight these battles and one has to wonder where their loyalties lare...
NOT will have to raise money soon, as they are going to burn through it very quickly with the all the activity at Windfall and the increased action at DE.
I now understand why Nemis is so miffed... He thought he would win this fight with Bay St. with great news releases, but the market has been fighting NOT down and showing him who's in control. NOT may be forced to capitulate unless they can deliver something phenomenal very soon...
This is the biggest play in Canada for years, and they all know it and want a major a piece of it!
Don't lose the faith... Bad stocks do not get held down, they get sold off, and we ain't see none of that given the volumes. This is Bay St at its worst and we will have ride out this battle...
Regards,
B.