RE:RE:I mentioned unexpected good news when referring to shorts sneakyvalue wrote: Goaweigh wrote: in a prior post and that's exactly what they are betting won't happen. That a great management team working on an elephant project won't be able to accomplish anything out of the ordinary or unexpected during a certain period of time. Seems bizarre that anyone would place a bet like that and so I'm skeptical of our current short position.
So what happens if our newest shareholder decides to up the pace of buying before Inanli or what happens if another shareholder is revealed, someone with lots of credibility too.
Stock is firming up, looking forward to the competition to buy stock, on the one hand by those who realize we are a potential takeover target and want to own stock and on the other hand by those who need to cover their short positions so when the offer comes in they aren't forsed to cover at prices higher than the offer.
That would be painful !
Full props to the VLE management team for continuing to execute. For big international firms like BG and Invesco to take a position in a Canadian junior energy company with an unconventional play in an out of favor emerging market speaks volumes.
The recent togc videos underline these are serious people trying to execute on a serious opportunity. I was impressed by all the participants on the international panel, not just Sean, it was great to see all their perpectives.