PINL:HLOSF - Post by User
Comment by
The300on Nov 15, 2011 7:03pm
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Post# 19239922
RE: Undeniable suppression of Shr Price
RE: Undeniable suppression of Shr PriceHey Camaroni,
I think this may be more a case of someone looking for the exits rather than price maniuplation.
Commodities are off, demand for copper is waning, and this company has done a piss poor job of marketing itself or creating any type of following.
I think the news that came out is positive regarding Hudbay and the gold play potential, however, the audience is limited to a handful of shareholders (most of them frustrated) and nothing more. While the latest press release is good news, they are talking about a drill program some 8 months away, and results some 10-12 months away. No urgency to pick up this stock any time soon.
I think the assets of the company are very good, the company is cashed up and trading pretty much at cash value, however, the biggest obstacle I believe is management. They MAY know how to run a company, but they definitely don't know how to run a PUBLIC company.
As always, IMHO.
Regards,
The 30