SO QUIET HEREWhat happened to Analyzethat?
Agreed there is not too much to write about as everything would appear to be DORMANT at the moment
But having said this everything does take time and reading between the lines these would be some of the things that MAY and I repeat MAY be happening behind the scenes. Paul Olgivie is the only one who actually knows what is really going on.
As I see it the objectives are
1. Do do as much as is humanly possible to perform work on the properties to actually deliver some RESULTS to prove the richness of the Graphite they plan on producing. In so doing generate results on both Sri Lanka which will provide Investors and potential investors with additional knowledge to enhance the share price.
2 Obviously try to minimise the Financing at these levels to minimize the dilution of the stock.
Obviously whoever bougt into the 3 cent financing with options with a 205 discount to the share price and warrants will be taking care of him or herself by taking advantage of the options and warrents they have.
3 It would appear that Pinetree Capital could still have more shares to sell. Whilst this COULD be a problem, it does not necessarily have to be.....they are INSIDERS and if the preliminary results are way way better than one might expect then why would Pinetree want to sell?
So in conclusion ,for myself I am going to hold on to my position and add to my position once postive news is delivered which should happen over the coming months. I would rather buy shares at 10 cents tknowing that things are really happening and be content with the shares I already own.
I do think we need some News soon as diluting the shares to provide temporary financing at 4 or 5 cents is not the right way to go. what we need is some RESULTS in whatever form they are available ....this should put the company in the position where they can do MAJOR financing and PARTNERSHIPS at higher levels and ideally provide a takeover at much much higher levels in 9-18 months.
Something is not quite right when CCB is trading at more than 3 times the price with Claims having been obtained by a common denominater that being Paul Olgivie ......if you believe what you hear both have excellent properties in Quebec. BUT SJL has a MAJOR BONUS that being SRI LANKA which is RICH in Graphite with costs of production being about 10% of the cost of production in Quebec.
So can anyone answer any logical reason why CCB is trading at 3 times the price of SJL .....if there is a constructive reason I and I am sure others would like to hear why???????????????
Mr Paul Olgivie, it is time to update the shareholders on what developments are going on in both Sri Lanka and Quebec with an explanation of any misunderstandings to the Sri Lanka Times Article..... we would all appreciate an update! Thankyou!