GREY:GDPEF - Post by User
Post by
3woodon Aug 12, 2008 12:29pm
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Post# 15376954
Magic
MagicThat's a pretty neat trick Kieran did - first with a little deception changinging a tooney to a loonie then by waving a pen over his open hand the loonie became change. All is not lost YET - if Scott steps in to push professional announcements to the market SOON there is hope the SP will recover to a reasonable level but time is no longer our friend. We're running out of money and if we attempt to finance from a position of weakness we'll just dilute the value - Scott needs to find either a buyer or someone to make a formal offer this Fall, to wait any longer would really hurt the SP and I think result in significant dilution. It was a long time ago I said we were way too dependant on Kieran - not that he's a bad guy or poor geologist but we really need Scott to take a leadership role before it's too late. I expected some damage control to be public already by now. By the way Leigh, although I really like HAT for the reasons you stated I'm actually a bigger fan of TAS who own 15% of HAT and have no financial obligations till feasability - it appears TAS is being valued at only it's involvment in HAT which is wrong - TAS might not provide the upside of HAT but I think it's risk ( especially at 75 cents ) is much less. Those that are long shouldn't panic because GL has found quite a bit of gold but we all need voice our demand for a call to action to communicate with the markets in a professional manner and pay attention to the SP as the statement that it just doesn't matter isn't valid. If we don't voice our opinion now we'll end up doing it either through proxy or in person at the next general meeting. Have a good Day.