PINL:VITFF - Post by User
Comment by
freedom045on May 05, 2010 11:58am
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Post# 17065238
RE: today 3 months from hellen zone preliminary
RE: today 3 months from hellen zone preliminaryit's too bad that it doesn't matter which way the back in deal goes. the market is full of guys like enigma777 who only know one thing... SELL SELL SELL!
If Newmont backs in then they'll say "we lose controlling interest for a measly $25MM, bad management blah blah blah..."
If Newmont opts out then they'll say "Newmont not interested, the deposit isn't very promising afterall, bad management blah blah blah..."
either way they'll spin it in a negative fashion, and the herd will follow suit and sell.