RE:RE:OLD MARINER ARE YOU DUMPING YOUR SHARES ...?Hi Bazbuz Not certain to what you are refering to.
I have sold 140k shares in my FEER or RIFF(i think) a month and a half ago due to gouvernment rules that i have to remove a percentage of my holding after i reach 71 .
Abcourt is the only shares i still hold in my FEER.
Yes i may sell someday or years but it won't be because i need the money.
I could live to be 100 years and not need to sell any of Abcourt shares .
I will not buy any of Abcourt shares on the market due to my large holdings.
If there is ever a new PP and the conditions are right and i am invited to participate i might be
inclined to do so if i have a big taxes return.
Like oldmariner would say, act on the facts.
For me i act on hopes or dreams.
I am still in, hoping that Sleeping Giant will deliver as planned.
For now Elder is just surviving and the transportation costs will effect the profit results.
Maybe the new president can revive Barvue.
My only long term concern is, what if i die and my family has to lequidate my holdings in the next 12 months. That would bring the price of Abcourt shares down by a big % .
I still see the future of Abcourt as very promissing, if a new president can give us hope and
confidence that the targets and time frame will be achieved.
I have to look into forming a thrust or a feducie that could prevent having to sell.
If any of you posters has a suggestion it would be appreciated.
Thanks
Fernand
.