RE:RE:pp delayedBigswede wrote:
Each to their opinion. At least Laurion is working and alive...unlike many of the Venture stocks. I own shares and try to think positive about it. Others who obviously don't own shares are negative about it.
As a shareholders who sold Tuesday August 4/2015, I think I own the right to express myself. Until last night NR, my biggest issue was; why LME came out with the wonderful $6M PP news at a 400% premium, that was supposed to be done in three tranches. Why haven't they closed the first $1M and asked us about the next 2 tranches (that would create a new control block) after the first $1M was raise??? For the first tranche, they didn't need our approval. In my opinion (OK with you sleepernomore?), they thought that by saying they would get $6M in the coming months, the SP would stabilize around 4 cents. Since, it only touch 3 cents for a real low float in July, but stayed around 2 cents average the whole month of July, the new investors got worried and tried to closed it at a lower price and that was refused. Secondly, it should have been mentioned in a previous NR, not only the circular (August 9), that the company was to do a 10:1 consolidation. 90% of juniors in mining, that goes thru a consolidation, are gonna see the SP slowly go lower and lower in the coming months. I always stay far from companies that have no revenues, if they consolidate. Especially a 10:1 ratio. Normally, it's to get financing money that looks at higher price than reality. GLTA, I'm done for good.