RE:re--read the good news folkspsych01 wrote: Bot--as I said this is simple--I think it's a dog deal; tomorrow the people speak and there's nothing you or anyone else can do to change that. My initial impression is that this simply adds to the burden of a company already burdened with very little money coming in and lots going out to a speculative resource at Barry (granted some promising structures but before any ore is shipped from there the costs are enormous). But we'll see tomorrow who is correct. I'm not afraid to admit it when I'm wrong so I'll check in and do the right thing at the end of trading tomorrow. IMO
Psycho, while I am relatively new to this particular party, I will offer some advice (as you often do). You should take a bit more time than you have (if you are genuine), to consider a deal's implications. With your very quick proclamation, it appears you are only looking to advance a previously formed opinion/agenda.
my guess is that tomorrow you will either say:
- if the SP goes up - the market has not digested the horrid implications of this deal
- if the SP goes down - I told you so
I do not believe that you will "ever" acknowledge you were wrong as you say you will. You will most likely say " MTO could have promise in the future, but there are too many problems you see at present to form an opinion" (sic)
No offense intended but this is my read of your consistent posting history.
I personally think this news is quite bullish.