GREY:NEVDQ - Post by User
Comment by
vascris15on Dec 10, 2014 11:16am
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Post# 23214762
RE:Pala intentions
RE:Pala intentionsIs not that easy to do Everybody is saying that HBM bid for AZC was stinky but don't forget at some point in time AZC stated they showed the books to so many interested parties and nobody bite hence they had no choice than HBM Environment is bad for metals right now and there is no crystal ball to tell us what will happen with the sector Banks are reluctant to lend for investments in the sector and nobody will kill their cash flow right now Hopefully easing in China and cheap oil prices will spur some recovery in EU and Asia and sentiment will improve Some people look only at NCU but forget about the bigger picture What PALA need to do is get all the permits and keep on looking for financing. If these are in place it's easier to sell for a better price PALA is an investment group so if they see better opportunity somewhere else they might need the money hence sell for some price we will not like Nothing wrong with NCU but if you invested in a junior miner in this shaky times be prepared for the pain ... I say if we get $5 out of NCU it's a great deal and I would take it in a heartbeat and I think for the actual times it's good price And again I don't think PALA ever thought of building any mine TIA JMHO