GREY:WFREF - Post by User
Comment by
Reflecton Dec 06, 2015 12:36am
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Post# 24358564
RE:RE:RE:check this out
RE:RE:RE:check this outThere we go again: twisting everything around. It’s easy to sit back after the facts – but as things unfold one can never underestimate the Chinese. They are shrewd business men. After Andrews appearance on BNN he looked & played the part of a defeated, scattered brained old man & I said so at the time. The deal with the Chinese was not 100 percent & I also said so & stated that I wished they had boughten the whole company outright & got rid of the LRE CEO & BOD. However, Cdn. Law wouldn’t allow this & so as an investor, I could only hope the Chinese would come through.
Look at the deal; I knew they had out negotiated & outfoxed that tired old man whose only worry was his pension plan. Share price is irrelevant to the Chinese. That they can turn around easily with their access to capital. Its the resource they want & softening of Cdn. Law & market & acquiring the best possible deal for themselves.
Look at all the premature ejection on this site. There is never logic or proof; just scatter brains frothing at the mouth. No one asks why there was this excess of shares on the market recently & where they came from & who gobbled them up.
To say the very least; the fact that a foreign company is looking at LRE speaks volumes & is still in there with a committment. LRE is far from finished but you go ahead & listen to the Bozos who scream like chicken little: “the sky is falling!” ppp you are the gong show – you know very little about investing & how markets work & what “book values” mean etc.