TSXV:NORA.H - Post by User
Post by
blue_seaon May 25, 2011 1:44pm
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Post# 18623917
bad game of PAA
bad game of PAASo I guess PAA is playing very high, their trump is the continued delay of the PEA and releasing no news. Why? ... because any news would drive the price of OK shares higher.
By the way, now I would not rely on any news given out by Pan American Silver because these guys obviousely playing a dirty game. They will all figures and numbers manipulate to their gain. Remember this PEA was ordered by PAA and who pays the price will rule what is to read.
Holding back the PEA and trying to bring up another project with Navidad speaks for oneself. With the continued delay of the PEA the OK management should have a good reason to blow off the deal. Give those PAA guys the $8 million, taking the results of the drillings and leave the stage.
Ok ordered a valuation for La Preciosa for themself. This valuation should be available soon otherwise things seem to go hand in hand between the managements of both companies. IDK and I don't hope so ... But with that evaluation a third party or several potential Investors could be convinced that La Preciosa is worth for a takeover or to be financed. ... Meanwhile this game with PAA stinks to the sky.