GREY:MKRYF - Post by User
Post by
naga00on Nov 08, 2017 4:56pm
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Post# 26928550
reasons for NO reaction
reasons for NO reactionstated book value is .17 in june and now it would be higher because of move in gas and of course oil.
the stock or want is left is only .055- how low can you take it. there is value. The break up fee not sure if both parties mutually decide it is a no go. Worst case mei.v pay 2 million in assets - see little change of that because they could just sell some production. Mass is like the guy at the fair that has
3 cups and puts a pea under one of them - you get the picture. I think he pulls it off- Canadian's allow all kinds of dilutive raises that kill shareholder value. the Venture is the wildwest. Again
we have an asset and it is worth bare bone .17 - i think at least .20-.25
finally why sell at a nickel not much level to sell so most just keep it and play and pray