GREY:CUDBF - Post by User
Post by
speculatoron Sep 06, 2014 3:01pm
241 Views
Post# 22912786
Ask yourself
Ask yourself The PP is based on the present agreement.
Will the institutional investors and fund managers wait and tie up their capital for one month without the assurance the deal will be signed or pull out. (POP can’t give any assurance).
Funds, institutional investors invested their funds based on the agreement the Koreans now want to renegotiate.
So, a. they go along. b. do they want to renegotiate too c. or do they simply walk. Remember, the agreement they signed is not on the table anymore.
In other words, the signing of the agreement does not only depend on the Koreans. With the reputation the Koreans have, I have the feeling the institutions want their money back.
POP, April 30, 2014, had $525,291 cash, investments $142.271 and owns 4 million shares of Goldstrike, listed for $720.000. In other words, the company is broke.
Trading - the momentum is down and all credibility lost.
Would anybody in his right mind invest in a company like this?