Post by
OilSandSam on Dec 12, 2006 9:46am
J/V partner
I think when the market figures out that shares going to our J/V partner, strong hands, is a good thing, perception will change. We didn't have to go to the open market to pay for our share of the mine, no warrants. I will wait for more clarification on if these shares are part of our Moris J/V agreement or not. My opinion.
Comment by
Kruzer70 on Dec 12, 2006 9:51am
On reflection I'm not entirely sure that the pp is the reason for today's decline. I think that it is more of a 'Ho Hum' reaction to the news. I would have liked a little more detail on the Mine itself.
Comment by
r2j316 on Dec 12, 2006 9:54am
I don't think the market understands the significance of the Morris Mine (allowing us to be a producer) since there was no "write up" of that in the NR.
I think the market was expecting drill results from the Morris Mine or a resource count----just my 2 cents
Comment by
Kruzer70 on Dec 12, 2006 9:58am
RJ I agree with you 100%. On a lighter note, I'm beginning to dread NRs from this company. Looks like the selling is dying off a bit.