GREY:ALXDF - Post by User
Post by
Myrtlesmanon Jul 13, 2018 12:46pm
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Post# 28312978
Roll the dice!
Roll the dice!Wow! Who to believe? The truth probably lies somewhere in between the positions of AZX and Founders group. I have to say I'm leaning towards EO, and I'm compelled by the fact that the board has very few shares, that the BOD hasn't released the a significant fraction of the drilling results (if they were bad why not just say so and blame that on EO?), and that Sprott seems to be waiting in the wings to get a bargain basement deal. If EO wins there will be dilution and it will take several more years (and some good luck) to build the resource, but I'm thinking that the short term pain is more likely to produce a long term gain than just selling off assets and shareholders getting the short end of the stick. Maybe I'm wrong but I don't think so.