GREY:GPLDF - Post by User
Post by
Jasper16on Apr 05, 2011 10:20pm
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Post# 18390865
Interesting conversation today
Interesting conversation todayI had lunch with my friend today who is an investment advisor for million dollar clients and up only. As we discussed our investment strategies ( I manage my own accounts plus I don't qualify, yet! ) I brought up GPR and the prospectus. As I stated before I was concerned we didn't do a buy out of another mine with the cash and instead chose to build a new mine. My friend pointed out to me that this may not be the case. He explained that it is common to not list they are doing a buy out as if they do then they have to state the company which would be in violation of the NDA with the other company. So it's a catch 22 with the SEC.
My point isn't were buying someone or building a new mine (I don't know) but that we could be and we wouldn't know it yet. Our options are open. I think things are going to get interesting for GPR. Were working off the new shares as we are getting chubby in the total number but still using EXK as a comp I think were a 5 to 6 bucker.
$40 silver.....................coming soon (and then the pullback, LOL)