GREY:ALXDF - Post by User
Comment by
goldopportunityon May 23, 2018 2:45pm
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Post# 28071067
RE:PRB financing vs AZX attempted financing
RE:PRB financing vs AZX attempted financingHey schmoby -- so you think david palmer raised additional money at close to 18-month lows so "they can drill holes for a long, long time" as you pointed out? I don't believe that for a minute. Palmer's a smart guy. Imo, he's got something cooking (an aquisition, etc) that he needed additional funds for...now! These funds won't even come close to buy him a quality gold company, but they will give him the necessary added equity to finance a potential paper/cash buy-out for instance.
I don't know who you're referring to when you say "some of the folks on this board need to bury their pie in the sky expectations and egos and start thinking with a clear head." I'd like to think you've got a little bit of intelligence, schmoby. So don't disappoint me by painting the many fine alexandria posters with a broad brush. You got a problem, you name individual names. Until that time, don't disparage us.
Imo, one can probably blame EO and his gang of bandits for the "circus" perception of the last 6 months that you talk about. But as I've mentioned in numerous posts, the RE release imo most likely has been extended because of the fluidity of the gold oz #s while an interested entity (or entities) have had to adjust their buy-out proposals. I agree about the need to return e-mails and phone messages, though -- so important and should have been corrected. So we'll see what happens. GLTA. Jmvho.
goldopp