RE:RE:RE:The Word from The BruceJonnhyRotten wrote: Great assets, but now that it has borrowed an interim sum of money to get through, they look like they will be seeking funds before year end. Those who are long this equity are in a tough place right now. The SP is driven by sector sentiment ATM, but once a CR comes back onto the radar, this will be driven down with impunity, imo.
still too early to be taken over...it’s at the Lassonde curves worst point right now.
Right now?? Shareholders have been in in a tough spot all year. Down from $3.60 to $1.60. Once a CR comes all stocks will be crushed.
Shovel ready, all permits in place... the only thing missing is the financing.
Only 2 options IMO
1. Sell but would only be getting a fraction of what project is worth
2. Defer the project timeline and prey that SP rises next year which is unlikely. However money is time and time is money.
Tax loss selling will drive this down to $1.20.