GREY:XEBEQ - Post by User
Post by
tamaracktopon Feb 01, 2022 9:25am
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Post# 34384435
Plus another wake-up call
Plus another wake-up callThis news was somewhat out-of-the-blue.
This is just another reminder that there are always things happening in the background.
The abscence of news doesn't mean management is sleeping.
This serves to remind the market that big or small, news can and will come at any time.
Xebec is currently sitting on "several letters of intent (LOI) for projects in Qubec.", as specifically stated in the Q3 release.
These are BOO projects.
Some people here have clearly stated that "they're waiting till after Q4 numbers are released".
That's all well and good, but they're doing so at risk of buying at considerably higher prices.
The risk of buying at considerably lower prices when the stock is currently trading below book value is literally negligible.
Pure and simple.