RE:Next comes the Lab buyout.Sheldon Iwantesh, who runs 3 D Capital, which is a tiny venture capital type investment fund with a teensy tiny market cap may well want to hold onto the NFG shares he was given.
He seems to me to be somewhat of a manipulator, in that I think the latest large rally in 3 Ds share price (now totally reversed/ wiped out) seem to have been generated by stock buy backs by 3D itself.
The investments of 3D, many of them very intriguing, but the great majority of his investments undisclosed - and therefore hidden and mysterious, does not engender great confidence in 3D. Yet, 3 D is somewhat intriguing.
My sense is that Sheldon would be well advised to hold onto the NFG shares he has been able to finagle from his somewhat improbable lawsuit, as 3D, I think, does very much need a high profile investment to shore up the reputation of his venture capital mimicking fund of teensy tiny fledgling enterprizes, many of which are undisclosed.
Particularly in light of the Rocks and Stocks analysis of the very significant events at NFG now occurring as described in the newsketter, Rocks and Stocks, current analysis of NFG, i.e. " they (NFG) could be very close to absolutely hitting it out of the park with what could be the most important orogenic gold discovery ever found worldwide."