TSXV:FCO.H - Post by User
Comment by
BuffetJron Jul 15, 2019 5:29am
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Post# 29919149
RE:RE:ECS Something to Consider
RE:RE:ECS Something to Consider
What a complete load of BULLSHIT. The whole reason to accept this merger proposal is that without it ECobalt is DEAD, DEAD AND BURIED. And then what, JRV wait around a little while did its on its damn knees then say ok we'll give you a couple $100k for it.
BECAUSE NOONE WANTS IT.
Get that through your thick skulls.
Its too SMALL for a big player. And no SMALL player has the funding ability to do anything with it. The capital markets, incase you really are too blind to see it, has COMPLETELY dried up for Cobalt stocks Are you BLIND as well as stupid.
Here is what will happen if the merger gets voted down.
Dundee will flee for the hills. Every other insto will flee for the hills. Directors will quit because whats the point staying at a company with NO MONEY if they can't get paid...because they definitely wont be able to raise a dime.
And I will be joining Dundee and whatever otehr instos are actually left in fleeing for the hills.
Heck the only larger holder that will hold their shares is probably JRV because you know, they can try again when the sharerice drops to below 10...with not even near the current offer.
You really are a bunch of idiots if you vote this down, but i don't care because i will sell as soon as I see a No vote succeed.
Not that it matters what I say now, the votes have probably mostly been cast and the result already known. I only posted this because another shareholder who like me is voting YES, sent it to me because he is actually concerned that he will lose his pants if the vote goes down.
Do what you want, ill be out if it doesnt happen (and then come and laugh when you do your dough), and if it does I'll enjoy the upside of a significantly large company.