GREY:GLKIF - Post by User
Comment by
WidowAndOrphanon Jun 25, 2019 1:56pm
105 Views
Post# 29861311
RE:Status
RE:StatusSomewhere in the middle is the perfect answer. What I think everyone can agree on is that when a company makes a statement and that statement proves to be false...time to move on.
Generally speaking, if the statement has material impact on the Stock, the company need be very careful in how they communicate and who communicates it.
The only thing worse than an under communicator is one that over promises and under-delivers, regardless of frequency.
I think that Paul does a great job of straddling the middle. He seems to be genuinely interested in keeping the shareholders informed (Not many CEO's get down and dirty in the comment sections of stock forums) Knowing that Paul tends to lean more into the disclose as much as possible camp, the relative silence on material business impacts actually makes me more bullish on this stock.
To that end, I will be very interested to see if the halt gets lifted in the next "3-4 weeks". No impact to my trading status in the U.S., but the statement was made. I was under the impression that TSX was waiting on improved financial status before relisting (I could be WAY off on this). So...in the longest way of possibly getting to the point and purely a speculative call by me:
For Paul to forecast 3-4 weeks, it infers that they have line of sight into additional funding sources or secured contracts so that the business can continue to grow, flourish and prove to be a very wise investment. Good luck to all.