Post by
Indicator on Feb 08, 2011 7:38pm
the wet blanket
Timminco's stock was run hard and furious by those most aggressive and and shameless promoters at SPROTT asset management. They had a different talking head on BNN almost weekly pumping the heII out of Timminco for many months and evidently owned appx 15% of the company themselves. The whole play certainly didn't smell like a rose, but nevertheless, was a masterful piece of promotional work.
MDG however, has Philip Morris (nod nod .... snore!), along with some Short selling maverick holders that seem totally beyond taming, as well as (cough cough .... drum roll) Paradigm, whose track record looks, to put it bluntly, miserable!
For me, the price projection will all depend on how much financing they do between now and then and if larger funds start eating at the PP shares holding this down.