RE: RE: RE: RE: Phone CallI agree everyone here with the frustration. Either there is something bad we don't know about or these guys don't realize the value of the company. What is ironic is after the merger they finally release their positive drill results which confirms their lithium project is very viable and after jacking around for 2 years finally find very economic extensions to CdM. The stock likely would have been at the same price on this news alone given the time elapsed and the bull market in the sector.
I would have been more positive on the merger if you could roll over the cash and put it into Perilya's stock but in research it is an attempt to mask Perilya's current problems. Perilya is a company with a large portion of production hedged at unfavorable prices and the rising costs due to the strong Aussie dollar are killing margins.