GREY:SMBZF - Post by User
Comment by
investrichlyon Dec 03, 2010 8:01am
218 Views
Post# 17794309
RE: Management trip???
RE: Management trip???I spoke to the company yesterday and I was told that PSA won't be happening probably before February end or early March 2011.
I am now so desperate that it will take another 2-3 months that PSA will be granted to SMB.
Also, the other thing, I heard the exploration license on our property is going to expire in Feb. 2011 which should be renewed before it is finish.
In September, I spoke to Dinning and he said that we will have PSA before the end of Nov. 2010
Now, this is Dec. month and we have to wait another 2 or 3 months to receive PSA contract.
I was told that we do not have control because it is in the hands of the Liberian Government .
I am afraid if weak hands start dumping shares and then buy back later at low. I am holding 300K shares in my portfolio and I am long on my position.
I have 1 buy order @ 0.065 cents and hope and wait for my order to fill.