TSXV:HRE.H - Post by User
Comment by
JJ40on Jan 27, 2017 5:35pm
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Post# 25766112
RE:rebirth
RE:rebirthHI All! It's been a couple of years since I've posted. Been holding and averaging down since 2010. Not sure that makes me smart but only time will tell. I too was encouraged by the recent press release but not suprised by the SP. Why would anybody in their right mind buy above .05 when you can particpate in the PP? I'll take that deal all day if I wanted shares. It also makes sense to sell at .06 or .065 and cash up for the PP. I'm of the opinion that we will see incrementally increases in the SP once the PP is settled and the DD is completed on the property. Smart money isn't going to invest in the arbitration case unless it becomes glaringly obvious that Stans will be awarded a certain sum and there is a legit avenue for collection. I agree that there is life and I'm looking forward to developments awaiting us in 2017. I apreciate the varied opinions as I believe that it lends to a balanced non emotional approach to this situation.