Chalice Brands Ltd CHALF

RE:RE:activity

[jutah70]

The red we are seeing is more people bottom feeding (as many of us have done over the past few months).  Now is their chance south of the border.  If things go somewhat as they 'could' I would hold on to some shares and ride them until a dividend could come into play.  Think this stock could be well north of $8 by the time they would be at a dividend stage (talking in terms of a few years).  Yes, hard to imagine that with what has been going on as of late.  But I look at bigger picture stuff as well.  Nothing would make me happier.  But recent events have made me look at some other elements.  The upcoming quarterly report could bring some positive movement up if more investors are circling this stock.

Management's debentures would be in line behind bondholders (there is a pecking order with securities).  So a smart move in that respect (although they are listed as unsecured debentures).  But these debentures have raised the potential float, which is likely not sitting well with some on the sidelines.

Keep wondering why the Epstein report was taken offline.  He did some forecasting in that report that put a potential share price around $8 which did't seem all that outrageous (and was backed up with figures to support some of the analysis - albeit not all encompassing).  He did make comment that he was restraining himself from furthering some of the calculations because the figures could have been quite lofty (and gotten ahead of the story at that time).  But juicy potential nonetheless.