PINL:HLOSF - Post by User
Comment by
waynedon Apr 06, 2011 5:15pm
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Post# 18395733
RE: RE: Cash injection No dilution
RE: RE: Cash injection No dilution The 300 . Concerning our company . I have been in this position before where a junior is in so tight with a major that investors feel all the upside is gone so they stay away. For example any juniors who are up against Goldcorp`s Red Lake Mine go nowhere because who else is going to mine it besides Goldcorp and they can wait forever.
In our case we have very good ground that is 100% owned but because we are overshadowed by HudBay , they are in the drivers seat as far as our share price is concerned. There are two things that could happen to break us out of this rut . We could make a very significant discovery on our own ground away from the Joint venture or another larger company with deep pockets will notice the huge difference between our share price and what we are really worth and move in causing HudBay to take some action to regain control. As it stands now they are completely in the drivers seat and they don`t have to do anything.
That is my opinion anyway. I would love to have someone else explain why we are at a lower market cap than we were two years ago.