RE:RE:RE:RE:RE:RE:RE:RE:what more do you want?wedgeman - (1/17/2021 9:00:04 PM)
RE:RE:RE:RE:RE:RE:RE:what more do you want? Ok...so I will let the experts speak.
Things are not that bad....what do you expect for this week ?
I'm no expert - but as far as the'merger' discussion, Zena announced on Dec 21 that they had engaged Echelon Capital to pursue 'strategic alternatives'.
A 'merger' is a strategic alternative, right? - so no-one should be surprised or overly excited when they announce they're talking to other companies about that possibility.
They said they were going to.
But that doesn't mean it'll happen - or if it does that it will be in the near future, if they can't find an appropriate partner. Maybe something will work out with this current 'secret company' - or maybe it won't and they'll continue to look at mergers with other companies.
So - not much to be done, we all have to wait for some news. Like where the phk the $17 million from the sale of Delta and Bevo is. (I'm guessing it's tied up with the builder's liens filed in B.C. courts)
Now, if any of you took my suggestions of last week - RECO, Columbia Care, Vireo, Harvest Health, Redishred and Skylight - and bought just 1,000 shares of each, you would have made a profit of $4,500. in one week, while 1,000 shares of Zena earned you........$15.
Just for fun and something different - check out Royal Helium if you haven't. They're drilling helium wells in southern Sask. - helium is a scarce gas and used as a coolant in MRI's, filling balloons and making Jupie the Clown sound funny.
Sask. has some of the world's richest deposits - and drill results will be known by the end of the month. IF they find helium, they'll be cash positive this year. If not - well, do your DD because there seems to be something in the story.
glta