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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by Guinnessamaniacon Jun 19, 2009 2:31pm
353 Views
Post# 16084883

RE: RE: HALTED/ JV I was hoping for?

RE: RE: HALTED/ JV I was hoping for?Not sure if you are having him on or you really don't know what a JV is....no one can have any idea what SP can be because we don't know what prompted the halt...could be a  Joint Venture with one of the majors for a partner or could be some new "find" on the property or could be they just voted themselves a bunch more stock options or  they could be bankrupt.....so pick a number...it would be as good as anyone else.
In case you aren't taking the mick...a jv with a much bigger company would enable them to raise the money to explore the full potential resource on the property and to have the critical mass to develope a mine in an orderly fashion...assuming the resource is proven.  It is not going to be an easy mine to build from what I can understand but I am not an engineer by a long chalk
JIMHO and lets hope the halt will lead us off on a quick march in double time
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