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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by stocktalk2on Sep 20, 2005 11:42am
74 Views
Post# 9575713

RE: My REV post ..curtis

RE: My REV post ..curtisTruth is, REV has been trading at around .03 for the better part of the year. This during a time when mining stocks have been doing very well. IF, REV has such a great asset why is the stock in the tank? Not that I have any respect for ASD's management, or more specifically the puppet master, but, REV's problems are because of REV, not ASD. ASD had an option, the key word being OPTION for the Red Mountain property. Don't you think that IF ASD was going to exercise that option and drill on REV's property they would have had to have some collaboration. I mean after what, ten years up there, I'm sure the REV boys would know the drill ( no pun intended ) for getting ready to start drilling on their property. IMO, they have used ASD as a scapegoat for not doing their job and protecting their own shareholders. I really don't believe it was any mystery to them that ASD was not going to exercise the option. Even if they had the slightest inkling they should have and could have legally pushed ASD for an action one way or another. I know you are a shareholder of both companies, but, I have always wanted ASD to get out of the Yukon. I still hope they get rid of it. That is not where the action is.
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