Good post PeteThank you Pete, very good post.
In my opinion, even though it would be possible for EMR to do what you posted Pete but as you know I have been posting here for a while and I have done a fair amount of research on EMR, Potash and read the entire feasibility study. I believe EMR is in control of this company now(62%) so if they were to do something funky they would pay a greater costs/price next time they raise money publically. So they are under water already so they will ride it out with the minority shareholders and do what they do best bring a mine to fruition and cash in at that point in time. This is relatively small money for EMR. This is my take on this and I took this opportunity to load up some more, I might be totally wrong but that is what i did lately. I agree there is a lack of news but that is EMR's style and approach to business. It is very clear to me EMR is not a mining stock promoter they have the expertise to bring this mine to market and they will. They have shown many times to the institutional backers that they will deliver 20% to 30% return. They (EMR) raised approximately$1.5 Billion in the last 10yrs with less than 100 financial institutions. I am just riding EMR's coat tail, no other potential SOP mine in North America has been able to do what CPM has done. Reaching the ultimate mining permit and the only single reason CPM was able to do so, because they had a strong financial and experienced backer like EMR. I am definately under water with this one and I had not seen the melt down coming, So my views on CPM share price has been totally wrong to date and I am only posting my honest opinion here, please do your DD. I still believe this will be an easy ten baggers unless EMR decides to own it all at these low prices.
Regards
Fearlessgg