Penbar Capital Ltd V.PEM

RE: RE: RE: RE: RE: Korelin's thoughts

[nagged]

flex if you are right then montana is worth didly squat as idaho was sold for 250k cash and the rest was a loan and a work commitment .montana would be worth a pizza and a box of beer if a 30km gold district complete with patent claims and water rights sells for 250 k.  this flip side would also make lgr an accumulation company who probably does the min work commitment,takes control and waits out the partner to get it al. once 51% or more is given away then pem has no avenues too raise money except sell %'s of the company so it will lose the co very quickly. it may be orchestrated but that wont stop an honest offer by osk or anyone else and thats the point, no one else has offered yet. boggles the mind to think about how much pem cash was used to purchase clearwater and the patents,commercial property , water rights and now its  gone for 250 k. the next time i read or hear about how shrewd dell is i will woof my cookies. with pem obviously on the ropes there wont be any decent offer for chrome. hopefully osk counters and we get to vote lol. whatever it is it's out of our hands . why woud anyone spend 10 to 15 years buying up all these properties,consolidate a district, and then give it away possibly ruining a lifelong reputation , lifelong friendships, and making fools out of all pems other employee's? if you are right then big al will never live it down. maybe that was why he was ready to sell at 04 lol? dels spin should be recorded for posterity when it comes.