RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Doing Business Overseas:Benefits of Using a Letter of Credit
OnlyReality, you keep saying 3+x = 5. Yes, if x is 2 you are correct but you keep just assuming x is 2 and because of the incorrect assumptions you keep making, I'm not convinced. Even if DI was a foreign (Canada) owned company, owned by the same people as PYR that would not make them the same as a subsidiary of PYR. For that to be the case, PYR would have to be the direct owner of DI shares (and it would probably have to be over a certain threshold, because even though PYR owns like 10% of HPQ, HPQ isn't a subsidiary). You are wrong on that front, you are wrong on DI being a foreign (Canada owned) company. You may still be correct and shady things end up happening but that won't be the result of anything you've been able to put before us (just if Peter breaks bad or Saudi's do something sketchy via using the L/C requestand resultant delay as a means to prevent PYR from doing business in SA with anyone else while they set up a competing deal). I highly doubt the former will happen because PYR has so many other things going that burning the shareholders would ruin the rest. The latter I assume wont happen because Radian needs to fulfill their contract with Ma'aden with some dross processing technology - but if I had to pick a weak point it would be there. So why don't you stop insinuating nefarious deeds afoot from incorrect assumptions and instead just outright say what you think is happening here? Put it in the table, sell your shares and let the rest of us make up our mind. I feel you have an alterior motive and are either purposefully or through lack of knowledge misinterpreting these signs. I will concede that even if I think you have everything pegged wrong (and even if you in fact do have it all pegged wrong) maybe the aforementioned x will equal 2 and the company will fail. That is the risk of investing though.