GREY:PGDIF - Post by User
Comment by
Kodiboyon Jun 30, 2016 3:28pm
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Post# 25013544
RE:RE:Do not rule out LUC
RE:RE:Do not rule out LUCAs a SH, my concern is the decision ahead of me after a good PEA is revealed and we get, let's say a 30% bump in SP, which would give me a decent return if I sell all of my position. Not saying that will be the case, just a what if.
With all this unfounded talk about buyouts, JV's, partners, etc. would it be wise to take those profits or should I hang onto my position with the "belief" that the rumours are true, and imenent?
For me, I'm not worried about when the PEA will be announced, because it will, it's what to do after that concerns me, and frankly worries me.
We know they need additional funds to proceed with their exploration plans in 2017, and if they do another financing, it will be done at a significant discount, so selling now would be prudent...but?