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Message: Re: pirie maudore board o' directors

blartar, this board has a very informative group of posters offering different views which makes for healthy disscussion, thanks. Not sure on how to read these 11,000,000 fl coming tradeable. There may have been some lent out when the price was around the $ 1.45 to shorters giving a 45 % return from here and with the 45% tax deduction from $ 2.10 would give some a cost of $1.20 or lower. These fl could be held if ,say Dundee or Stone want to keep there % of the float as share float rises Dundee & friends must also increase there share position . PS' i think the shares have been priced in already and if Q2 numbers are half descent then we could see the shorters force to cover driving up the price. On the other hand if Q2 #"s are'nt great and gold price drops then we could see a slight downturn...Traps7

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