RE:RE:RE:Good News ..... or What?In my PHX story, I failed to mention a really important part of the combining of shares...
After the chares combined, PHX management had more collateral in their company. They were able to keep the company open logn enough with that collateral to make them look good to investors in the U.S. and with reall minuing companies like Newmont. They also had enough money to justify their massive salery increases then delist and keep that Canadian money with no reprocustions.
Let this sink in and look at our SP sinking. Is this shaer bullish? If your optimistic, keep buying, else hold or get out.
Just keep this true story of what a company can do.
As always, never invest unless you would have drank that money away anyhow.