RE: RE: RE: Ho HumJitney always cashes out at the close. Frankly, I don't know how they make any money at all Jitney. They seem to suck to me. That is certainly my history when I watch how they trade.
Here's my example. Jitney dropped about 2 million shares of AXM at 075 and 08 one day, and that was low low low of that stock and they haven't bought on the way back to 12. .
Just the other day they were buying Energizer at .29 and have been selling at .27. I really don't know how Jitney survives to tell you the truth.
The other thing is BNT. I really can't agree with anyone's assessments on that. They have to have cash to give CRE their cash. C'mon that is not rocket science. Cash has not been easy to get in this environment. And they won't go to Minefields anymore.
It is easy to criticize everyone for going to Minefields, but it is harder to find someone that has Minefields money. To suggest this was always BNT's plan to not execute this is ridiculous to me. Sorry to disagree with someone here.
When this deal came about, gold was about 300 dollars cheaper than it is now. To suggest BNT doesn't want to close a deal that they made when gold was 300 dollars cheaper is silly. They just don't have the money and they aren't going to go to Joe again because the initial money is only followed by your own demise.
The environment is getting better for people who need financing money. The banks are rallying. Lending is loosening. The two big worries the debt ceiling and euro debt are easing and this should provide an environment that eventually helps BNT to get it done, and believe me, they want to own that entire property with their belief that gold is going much higher.
And CRE is happy to consolidate too.
Sometimes, I am afraid, we are all just a little too ready to offer up an x-files scenario. There's no conspiracy here. There's just a company trying to get financing together that won't crush them in the end.
It's just another example of Mineralfields corporate mission statement not finding accomplices.
Thanks for your time, and I hope have not ruffled too many feathers here.