TSXV:VER.H - Post by User
Post by
jrock83on Apr 26, 2011 9:29am
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Post# 18487529
I hate to say...
I hate to say...But it is pretty obvious that there are three options at this point and all of them will be at the detriment of shareholders.
a) JV signed, financing completed but below 20 cents (easily)
b) JV extended, price continues downwards making financing even more difficult
c) JV canceled, share price collapses back to 52 week low levels
The market is speaking, no one is buying.
This sucks.