GREY:ECCMF - Post by User
Comment by
birch1on Dec 08, 2010 11:37pm
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Post# 17821998
RE: Just read the Q3 report ended Sept 30th
RE: Just read the Q3 report ended Sept 30thYup, you are right on the option agreement. Why would you pay if you don't have any idea yet of the airborne survey results really. I think everyone knows that. This is nothing new. $900 K working capital covers the cost of taking the property to the next step. Issuing a few more shares is not an issue if they can spend $450K and find out its ok. At some point, someone is going to have to drop the hammer on this and move forward. My take is that this is where they are going to go next. Move on the option to get the 75%. Moriano is sitting back, waiting to get his hands into it.
The management changes are not an issue. Gee was sick and probably still is from posts on this board and from other things I have heard. Moriano is better than the other guy that left. Not pumping, just giving the other perspective. Will it go up tomorrow....No...Will it go down...might...Will I sell my shares so I can buy back in cheaper... probably not because you don't know in any given day that you will be able to.
Cheers.