Post by
DarkGreen on Jan 05, 2024 10:30am
You all make good points
but , take a look at what is going on at Hercules the shorters are the ones making all the money . So, material change the first batch and then another material change on the next batch to the bad .
Comment by
Flyder on Jan 05, 2024 10:46am
Companies do not have the option of deciding which news to release and which to retain if it is material in nature. Material is material, and it needs to be released, regardless if it 'good' or 'bad'. Too bad for Hercules, but if Lyle has the option of waiting until all the assays are in before putting out news, then the first 4 holes must not be material.
Comment by
goodbones on Jan 05, 2024 10:51am
I think we'd have seen alot more selling if it wasn't looking good.. but I'm an amateur so I dont know for sure.. Doesn't sound like snowline released their initial assays immediately.. instead hatched them and look where they are now...
Comment by
Zibo510 on Jan 05, 2024 11:28am
To me not releasing the assay results they have admitted are in their possession is the same as If you have monies invested in a financial institution and calling them up and asking how your investments are doing and They say sorry Bubba that's none of your business, we'll let you know when we feel like it, click.
Comment by
Zibo510 on Jan 05, 2024 11:08am
I'm going to disagree Flyder Bad results are just as material as good results It's all material information that shareholders have the right to be informed about, and the company has a Fiduciary duty/Obligation to keep shareholders abreast of all information that affects their investment whether good or bad