RE:Jonestown and the restoilsyd wrote: a) Why do so many of you continue to treat our resident troll as a worthy member of this board? He is either an idiot, a troll or a spammer. Just consider for a second how much total time and effort has been wasted by many of you (and me once!) trying to get some logical discussion going with him. There is no point trying to get him to sell because he probably does not have any shares.
b) To those of you who are saying that Sprott could pull the rug out or there is something wrong, I would say that you need to get it together and calm down . They have hired a great consultant to sort out the financing. It does not happen overnight. I would think that we will hear something this month or next, but it is somewhat ridiculous to suggest that silence means the worst possible outcome. Sprott has invested in a lot more risky ventures than this one and he doesn't pull the rug that often. We all ready know what is in the ground and they are already getting massive offers for financing. Does that really sound like we have reason to worry? Not to me. There is always risk but I feel like I am laughing all the way to the bank with this one.
Have a little patience - TAKE THAT
Well said. That's why I now tend to stay of this board. It's not because I don't like the investors here but it's more about the non stop replying to this person and he/she just seeks attention and clogs up the board from all the replies. If they're so concerned and think this is a bad investment they would sell and take their profits and move on, like any rational investor. TOOM as been here for a long time , almost as long as me, so that means they're in the green if they didn't sell. Hey TOOM, just curious but did kerry or jamie do something that cost you money in one of their previous companies? Also I will reply to your SBSW not opting in question. SBSW is overweight on palladium and seeing that they stated palladium will go into surplus within 3 years they didn't want to take the potential risk currently with genm, plus permitting still needs to be approved (another risk). If you haven't noticed SBSW as been also diversifying into other metals like gold and nickel. Maybe they will be interested if all goes according to plan and the mine goes into production or maybe they just want to sell they're shares and move on. We shall see if them opting out makes room for a new strategic partner. GLTA.