Post by
blackgold99 on Jan 23, 2011 6:42pm
Let's Get Some Facts Right
1) This consolidation was called by the new investors! (who picked up over 22Mil retail shares from all of previous month's selling) And not by Reed! He (and the bod) were caught off guard by this request but have to put it forward. They're busy raising financing and making drilling work plans to follow that.
2) As far as Pepper and their evil alliances, the lawyers found nothing in the agreement that should be effected by their past. All is contingent upon them dropping the cash into escrow, nothing goes though without that.
3) Two other financing/investors outlets still exist (in discussions), besides all these.
4) The value of an asset is not lost, it's just transferred into someoneelse's hands. The intention of this consolidation is to do just that,will you be the hand that loses or gains? that is the question. 1Kg ofgold is worth the same as 1000gr
Comment by
goldengirl20 on Jan 23, 2011 7:08pm
If that is the case then why consolidate.
Comment by
Rambo007 on Jan 23, 2011 8:14pm
Yes Blackgold good question to ask Reed ....Where is that money 1.5 million 4 holes drilled and no resultsWhat a joke
Comment by
Rambo007 on Jan 23, 2011 8:31pm
True a little work on their lithium properties but no hole drilled..still what a joke
Comment by
goldengirl20 on Jan 23, 2011 8:52pm
Now your talking sense, don't forget about his vacations in Mexico with his fictitious charities.
Comment by
Rambo007 on Jan 23, 2011 8:56pm
Yep and then they sign a big JV and cancell the R/S...You might have a point there Blackgold
Comment by
goldengirl20 on Jan 23, 2011 8:57pm
That is Rene's vacation not Reeds but maybe they are both ??????
Comment by
islandjon on Jan 23, 2011 9:02pm
Rene goes to Cabo many times a year and has been for years. Funding has to come from somewhere?
Comment by
goldengirl20 on Jan 23, 2011 9:05pm
Candorado resort, mafia drug money
Comment by
W.K. on Jan 23, 2011 11:03pm
What shall you do tomorrow (Monday), sell, hold or buy?W.K.