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Message: Re: Shoreham to acquire 100% interest in Waaldijk

Apr 14, 2010 08:42PM

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Apr 19, 2010 05:48PM

Fret? Digger, are you serious? To the regular (non insider) investor, it looks like all this company does is go around and pick up properties. They do nothing to sample the properties or drill to show the market what they have, they just pick up properties. All the split will do will allow Bending to reverse split the shares to a manageable level for both companies, do more pp's and get more properties. I didn't invest in a real estate company, I invested in a jr EXPLORATION company. The last I looked, once an exploration company has properties of merit (which this one does in abundance), they sample, show the market, pump the news, prepare a drilling budget, get money, and drill. Then, if the geo is worth his salt, he is rewarded by fantastic results (see Ventana gold). And before Glenn/Sidewinder says get out once more, I am sure alot of us would, but we all got in at a higher price when people thought the above was what this company was doing.

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