RE: RE: RE: RE: What is really best for us smaller @ cliffvb
I was told that Goldmet/Tullum/F Marland are basically the same group. When I wrote Goldmet I actually referred to this whole group.
Well, maybe you have more insights behind the szene. What is the connection between all these groups / people in your opinion and what information do you have?
I repeatedly said that I don´t approve with the PP at such a low level, but you must admit that the PP @ 0,50 CAD is at least better than the one @ 0,45 CAD.
Also, I am in favour that the Tullum/GM/FM group is not getting their hands on more stock. Just their past action, as I already discussed in my earlier posts, shows me that this is not in our favour.
I welcome that new strong institutional groups get in. That is what I was told. The stock gets placed with institutions. Yes, we give away cheap stock but at least such groups could bring value added (research reports, spreading the word ...) and stability (Tullum/... is not such a big shareholder anymore) to the table.
Now, GIVEN that I/we can´t stop the PP then I think the best one can do is add to your positions. What else could you do when the management proceeds with their plans and the complaints don´t work? Also, I still think that the management has their valid reasons to go this way even though I would have preferred other options...