RE:RE:RE:RE:Alleged Company Reply to Investor.. but not compared to the current MCAP!
Thompson supports the turnaround story as stated by him earlier.
'Sure' .. all of a sudded we this is worthless on cash flow positive quarters,
growth while pushing back the loan as agreed upon.
I may remind that we are talking about fundamental asset values being commercialized
and now still traded below 30% of it. Nope, Thompson is conditionally positive
within certain price constraints. Maybe a good short at $2+ but surely not here.
Now let's see whether managment can bring some light in next days conference soon.
I would prefer a little positive backing from at least one of these analysts right now,
considering the extreme value dislocation.
Company surely aware of the short side pressure, here in round 3!
Now Red Kite (sic?) must agree on the push back and project financing
increasing revenue + cash flow for the payback. What I read so far, this has almost being
agreed upon and should remove those 'headwinds'.
At C$2.00 I was smiling, no position,
At C$1.50 I became interested in this very much and started DD'ing - intensifyed at C$1.00 and started trading it.
Below C$0.90 this got my daily attention.
Now around C$0.80 (28% of NAV) this is about to pop big time, correction upwards.
Managment bought above $1 USD?
Hard to talk this down at this price, really.