RE:RE:The writing isn't on the wall
My take is they have been asked to keep their big coppery hands off of us for the time being. I don't think we would be this far along as an independent participant unless we had our uses for interests of greater importance than any of we unwashed little holders. RF had to stay his hand, and now RioT the same.
Will Lord Howard be squeezed out of any in-the-money options and leave Mongolia with just a shiny medal of thanks for all his special skills ... I doubt it. Will the shareholders who entered into the 80/20 deal that consolodated OT be forced out at a nominal value? Again I doubt it.
But I can't argue that there is no market for my little pipe of shares today - at these prices as far as I am concerned the market is "no bid" for long term holders unwilling to further lengthen their positions. On the other hand I'm fully paid up and intend to ride through to the end. Where there's life there is hope. And I know we are open along strike at at depth at HNE, that the X-grid has never been condemned, that we have something going on on our own ground to the West, and that nothing can be resolved so long as the Mongolian political environment is so unstable it causes RioT to down tools and walk off the job pending yet another round of negotiations and assurances.
What a story.
FMCDH and UTCCHTR!!!!
cg glta
cg