RE:RE:RE:RE:RE:A Letter to All Shareholders: Time to Monetize the TaconitesPork Pisssser, Your arguments are so convincing and seemingly reasonable. What could it be you are missing? Why is NML any different from the scenarios you are trying to make it fit.
2 big reasons. The NML market cap still has big room to drop. Thats the secondary reason.
The biggest issue is TATA. Tata Tata Tata. Tata dont need the baggage of all those NML stockholders looking to get rich. If Tata cant shake the shareholders in the even leaner years for NML to come, I would expect TATA to walk away from the Taconites. That is presupposing that TATA will ever find itself in a position where it wants to pay to develop the taconites. Think, or find someone to help you think, about the way life and business is conducted in the land of the Tatas. In the eyes of the TATA princes could it be that NML stockholders are considered as desirable as untouchbables.
Canada Moose