TSXV:TRL.H - Post by User
Post by
knollon Feb 07, 2014 6:40pm
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Post# 22186275
Be brave
Be brave
ACAD share price went from about a dollar to almost $13 at which point they announced a public offering at $12.50. It cost them 8 million shares and put $100 million in the kitty. They are now about $23. Didn’t seem to hurt them at all. Guess there is something sexy about a cashed up company, no.
The point is Trimel is where it is because there is risk here. Once they have something to sell and the risk is removed things change, including a PP. Every good business man knows you have to spend money to make money so asking for money is not an issue when the means to make more exist. Right now the means to make more does not exist so it is a problem.
Some of you here really need to stop stressing. Not because Trimel is a success, because it is out of your control. So sit back and wait for the show to start. Don’t let anyone tell you different – Trimel is known and the interest is here. The price and volume is low because why tie up your money for the next two month if you don’t have too. In hind site I would do the same but like most of you I got in to early – no regrets here because that’s the way it goes sometimes. In the end it won’t matter if the decision is positive now will it. A known risk I am willing to assume. Now be brave.