Post by
Wangotango67 on Feb 26, 2020 9:20pm
GALEN DID WHAT = PORTOFINO SHOULD'VE DONE YEARS AGO
Yet...here we are...
Another swoons in and drills right aside of Portofino...
Delivers spectacular results...
What does Portofino do ?
Runs from a sure thing...
Wants to literally give the 2 Hombre claims away.
Make sense ?
Absolutely - Not.
It's all the more - reason - to forge forward.
- Keep claims ( cheap to carry as stated in video )
- JV = create a power pact alliance with Galen ( POR could graft - in GALENS 900+/ppm )
- JV creates a power pact team = quicker advancing = draws more investor interests
- Or, attract LARGER interest - now that Galen has shown west Hombre has incredible lithium ppm.
I find it very disturbing Portofino wants to give up 2 Hombre claims after Galen has basically done
Majority of homework, for...Portofino. Like I stated above...Galen did what Portofino should've done
Long ago - had they not pissed away all the monies.
The very fact Portofino has not ever mentioned their peer ( Galen ) and 900/ppm
Is in itself...very odd...most juniors brag about their neighbors grades ( CLOSOLOGY )
YET....Portofino has never done so...which is extremely odd and...one has to wonder why
Portofino has complained so often that the lithium markets are down.
Yet...whose fault is it ?
Lithium has more than one sector one can cater too. ( lithium as energy instead of storage )
Don't Drill or Advance and sit around for months...what does one expect ?
Have too many other positions on other companies that take time away from, lithium ?
YIP....here we shareholders sit.
A ship has come in - in the form of another junior proving BIG LITHIUM does exist in West Hombre.
And...Portofino suddenly wants to monetize ?
Or is it...Liquidate ?
Makes one wonder why a roll occured when it did.
Rolls can also ( facilitate ) a share percentage control over shares.
Announce roll...
Many retail exit.
Another Scoops the cheapies.
Displacement of % control over shares occurs.
Such can even happen during the time the roll is announced to closing it.
That period of time in between...allows one to collect shares.
Just before announcing the roll...enough shares could be accumilated.
Just before - roll is officially approved + passed = Percentage control takes place.
Yip....the act of rolling a junior with few shares out.
Scare investors to sell = another collects during the week long scare
And...percentage control transfers....and from there on...nothing remains the same.
So...who is it that clears + approves a junior to roll ?
Ha.
Time to reverse the actions...
So investors are not screwed over.
Being a shareholder, has purpose + allows retail a voice + vote.
But if juniors rolls with FEW shares out...it can strip retail of thier voice + vote.
Again...who clears the juniors - wishes to roll ?
Double...Ha, Ha.
Is it any wonder, why so many odd things have happened after Portofino's roll ?
SALARS...go MIA ? Junior dogs it....
Let's see if the TSX thinks twice about this.
Cheers !