GREY:ETPHF - Post by User
Comment by
BlindBat_1on Mar 07, 2012 4:00pm
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Post# 19640004
RE: Level II and some comments...
RE: Level II and some comments... Only way they will stop the hemorrhage in my opinion, is by announcing a Private Placement restricted to Insiders Only. Roughly $5 Millions would do it in my opinion to calm the play and instill confidence back into this. The Chairman and some of the Directors have deep enough pockets to do it. This Rent a CEO couldn't careless where this is heading, he does not have a skin in the game and what little the Rent a CFO, had in the game he sold off last summer. So add to the action. some permanent employee such as a CEO for a start with skin in the game and working hard to find funding and partners to develop or sell the Assets to, and some confidence might come back.
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Private Placement : Check !
Replace CEO : Check !
So there is hope after all, now lets see the driled holes results and when do we get the revised 43-101 for Danakil ?