TSXV:EPO.H - Post by User
Post by
cacheitinon Apr 26, 2013 1:07am
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Post# 21308558
Retiring young- Epo/Wpx
Retiring young- Epo/Wpx
Dear retiree. It may have escaped your notice but the Indian company that invested $60m in Krn and hired world renowned engineering/mining firms to do DD for them over the course of a year, did not decide to invest for a couple of months, and some gyrations in the stock price on a few thousand shares a day are of no concern to them.
Did you know that Warren Buffet does not have any computer monitors on his desk monitoring the daily up and downs of stock. The Indians are interested in the 1 million ton per year offtake and also the hundreds of millions of profit per year at production.
I imagine the 55% ownership by large institutions and funds are interested in the vast profits in production as well.
What are the 1.6% owners of Wpx and 2.5% fund owners of Epo in it for?