TSXV:CLAS.H - Post by User
Comment by
KingWhatsion Nov 15, 2010 5:48pm
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Post# 17709477
RE: Same old BS Trading Pattern
RE: Same old BS Trading PatternLike I've said before, I think they will hold off on any NR until after the US thanksgiving holiday. The US will basically slow down to zero trading by Thursday. I sincerely hope this is the case.
After the long silence over the Guatemala testing I would have dumped this stock were it not for Sprott and the other big investors with skin in the game.
The recent development leads to a lot of speculation on just what they are up to and of course, it could be anything. There is the proposed drilling that is to start next month and I have no idea what the cost is but I would think the 9 mil from the last PP would keep them going for a while. More dilution at this point would be unnecessary in my mind but then again, I don't keep their books.
I'll reserve getting antsy until next week though. If anyone on here has more information on the use of the short form distribution I would sure like to hear it.