GREY:NEVDQ - Post by User
Post by
Atouchofclasson Nov 24, 2017 12:55pm
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Post# 27026224
Kick the Kurd
Kick the KurdWow. People are really taking this opportunity to take a shot at Kurd.
Everyone should listen to the devil’s advocate every once and a while. Does Kurd post too much? Of course. Does Kurd have a few valid points? Yes. People need to see both side of the coin so they can make informed decisions. Heck some of you may have even waited to buy at lower prices because of his opinions.
Anyway I am pleased we are finally getting some updates but to play the Kurd:
1. Outright sale would have been preferable. Pala is an investment company not a miner and the current management team seem more like bring to production guys than production guys.
2. Financing will be interesting. Either Pala and friends want more shares and they will keep the price low or they will look outside and share price (hire a trading company to boost) will rise to make sure there is a decent price achieved. I’m hoping for the second. If it’s debt or a mix of both….well then who comes in and for how much will also tell a story.
We are in interesting times.
GLTA,
-Class