RE:RE:Re Re Re For SureIf there was no PP, would this stock be at $1.70 right now? Maybe, but I kinda doubt it.
Looks like the market will pay what its going to pay. It has been undervalued for a long time. Looks like mgmt said "screw it. If investors are only going to pay so much for shares then we might as well pull in some more cash and price will go right back to where it would have been anyway."
NF. I get your frustration. I am frustrated too. Price seems to be way to high for what investors thought the company was worth, but only a little bit low for what the SP was at the moment.
Can't really reconcile that. The analysts keep pointing to the bonds as the issue of concern. Again. My big question is whether this company is a good investment right now. What are its future prospects at the moment? It has more cash in the bank now than any time in recent memory, I still believe Florence is going to be approved (there is no opposition and nothing that gives any indication that it might not). But that is it. Gibrater and Florence. All the other properties are pie in the sky at the moment.