TSXV:NET.UN - Post by User
Comment by
chad07on Apr 29, 2010 10:12am
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Post# 17043472
RE: RE: RE: whats next - NR Today
RE: RE: RE: whats next - NR TodayWell, I'm hoping they are going to follow this up soon with some good news.....I'm going to assume they are taking the "let's get the bad news out of the way first" approach!
With good news to follow, bring a good solid plan and after a 1:6 RS they might just get a .25-.35 SP out of it, and work from there. Without a good plan (which I am REALLY hoping they have..) they will be lucky to get out with a .03-.06 sp after RS.
My thinking is.......why bother doing this if they are not hoping to get their sp up over .25?? I know....15 ways that they can possibly pocket what's left and give the rest to their friends......but I packed this away in an RRSP and hope one day it pays off.
I guess if you bought the .05+ range in a cash account and didn't average down......your probably thinking you should take the loss......Definitely something to consider I guess. A lot of people under water on this one.
I don't feel this company is done like dinner yet....there is still lots of potential....they NEED to get the drills turning....have to wait and see I guess (I hope not for long as they needed this done yesterday).
ALL IMHO
Cheers