RE: RE: My Numeric Attempts
I don't understand your rationale. You're saying I should accept the cash-value is not used to my leverage in negotiations under some of the harshest market conditions in a long time. Look, Tigris has something the market has a hard time finding today: cash. It makes no sense to me to trade it at 65 cents to the dollar, allow a deal to come through at that price to get in bed with an almost broke company, and come out on the other end with 40% less of the original properties I started with, and somehow be thankful that I've somehow recovered the pre-arrangement cash-value (in the event it happens.) I think in a market like this, a discount on the dollar is ridiculous. In contrast, there probably should be a premium because of how difficult it it to raise money, as evident with Wolfpack Gold's failed IPO.
I think the Wolfpack-deal is no low-risk diversification at all. It's high-risk. High-risk typically goes hand-in-hand with high-reward. I don't see the big reward, so in my opinion, it looks a costly rescue-operation. But I might be mistaken and overlooking something everyone else sees. Feel free to share any facts that point to it being otherwise. Perhaps there is some leverage to it that creates a company with bigger reward potential than we have with Tigris Uranium? The investment objective I had with Tigris Uranium wasn't exactly to sell it at cash-value - there's paper-money for that. What's the light at the end of the tunnel with this Wolfpack Gold scenario? That my 1 dollar finally gets worth 1 dollar, is that the reward?