GREY:GDPEF - Post by User
Comment by
3woodon Nov 17, 2008 5:45pm
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Post# 15591481
RE: RE: To our seller
RE: RE: To our sellerI have to agree that we should be concerned about retaining any of our investment. Many stocks have suffered a lot this past few months and I feel for all of them but my first concern is GL - I've spoken to people within and near the company and they all are consistently optimistic but that can only go so far as we all watch our money ( not to mention our dreams ) evaporate. I hope for an offer near what we've all been led to expect but I honestly expect to only escape with a small profit. I believe in the project and that the management team had our best interests at heart but I think they lacked the talent at a critical time to make wise decisions. I doubt a deal is going to happen before a financing is required and is this market I doubt a offer with be forthcoming - GL will be sold someday, few of us will be around and that day won't happen soon. I just can't see why the majors would want to pay $15 for a stock that might be worth 25 cents in a week - surely their confidential agreements must expire sometime and they can just buy outright.