GREY:LCPRF - Post by User
Post by
longchrison May 31, 2012 7:12am
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Post# 19964221
Exit stage?
Exit stage? Yes, maybe the sell button wouldn't be the worst, considering the cloudy political outlook for Argentina. A pity it would be, since there is prob. so much more in the ground. The latest news reminds me a bit to the take out of NOTHERN PERU COPPER (NCO) in early 2008. There NCO (Ross Beaty on board) issued around 1 million shares to collect roughly 10 million $, although the take out took place just 2 months later. Surely, at the time of the share emission, there was no drilling going on anymore.
Of course this is pure speculation, but with some similarity to the past.
Good luck to all longs