Regardless; I do have my own theory of why our price may be going up at this time.
To me, there are several reasons:
1) tax loss season is over
2) we were and still are grossly undervalued
3) the EA
From_Sudbury........No argument from me on your reasons for share price increase.
However, on Nov21 you wrote: Fossil.....at .10 we're looking at about 4,000,000 shares
for one quarterly interest payment and at .01 we could be giving up 40,000,000 shares
for each interest payment.
What is to stop this from getting to .10 or .01 for that matter.
One thing is for certain... somebody wants this stock price down...more...and there is
nothing you or me can do about it.
To that I replied: I got too much respect for you to argue, I will do what I can, which
is buy more when finances allow.My main worry was that with your good reputation
and respect as a long time poster could unnerve some shareholder and cause him or her
to dump Noront. That would be a sad thing actually and not that management team
can't/won't do anything about share price slide.
One more trading day to arrive @ average price for interest payment.
With any education (I have never seen inside of highschool before my kids attended one)
investor can conclude that even your most conservative average of 15 cents would require
Noront to trade down to 12 cents or so.
To that end a must read is cupcake's post of Sep1/13: I think the issue here is that there
are expectations of the hub leaders to be fully transparent with other members and not
to intentionally mislead people.
GLTY and all,
Fossil