GREY:PGDIF - Post by User
Comment by
greex27on Jan 07, 2016 11:28am
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Post# 24436677
RE:Is it possible we are seeing
RE:Is it possible we are seeing
Oiltar,
I have no idea if CH-7 will be a success or not but to start thrashing around what could have been or what should have been done is a waste of type. You have been thumping your chest about how great Chidliak will be and how the market just doesn't get it. Once we give the market something to get, I'm certain the SP will adjust. To suggest today that the "no free look" was a mistake is foolish. Debeer's would have certainly added some credibility but they would not have been able to change the results of CH-7 and the fate of Chidliak.
What decisions would you make differently as it relates to your portfolio, should you have sold at $4? Is the value here as you would have suggested it was prior to the financing? Has anything changed in that regard other than the SP is exactly where it should be considering the financing? Sure Management could have tried to prop up the SP with some inflated results but could that have been enough to pop the SP for a meaningful period of time...doubtful.
It will be what it will be and maybe we'll win and maybe we'll lose but I've always been a big believer in looking in the mirror, the error or miscalculation if this tanks is my fault, not that of the market and not that of PGD.
Good Luck!!!