GREY:STTYF - Post by User
Comment by
carinthianon Mar 01, 2013 5:27am
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Post# 21060175
RE: RE: RE: RE: Poor price action
RE: RE: RE: RE: Poor price action I agree with your and Elmo's opinion but personally would prefer to get Novadx sorted out as I still hope this could unlock value and as it's met coal they should be able to work in positive number (small but black) and SND had a third cash flow in the nearer term.
Entree might not be the best deal but it did not cos us cash (I do not like dilution too) and I see it as a call option on copper. Assume a 10y mine life from Donner and starting cash flows (although far riskier for sure) from Entree in 10y yo you can see the long term plan they might have?
I am disappointed too with the company during the last month but as you already said I hope they learned their lessons and will deliver in the future.
Just my thoughts...