Post by
wersig on Feb 29, 2020 1:55pm
February 28, 2020 - 05:16 PM 32 Reads Post# 30749334
I have been a long time POR shareholder and have been of many other stocks. I am not happy with performance, but I am pragmatic. All Lithium companies have been hammered over the last 1.5yrs, not just POR and the majority paid much much more $ for their acquisitions than POR.
Regarding the claim owner, I just asked the company- it is unsurprisingly easy to pickup the phone or send an email. I try to get information directly from the company prior determining next steps. As to Rio Grande status, it had previously been news released.
Regarding your comparable, NRG- the market did not move when the $18m? deal was announced last Nov, leading me at the time to to question whether it was real or would be completed. Since the Nov announcement, NRG shares have been consolidated on a 6:1 basis and they recently announced a financing at the eqiv of approx. $.03 pre-rollback! So you tell me if their deal is on??
Time will tell whether it is real or not and also whether POR can create value for shareholders.