Re: SEDAR Early Warning Report
in response to
by
posted on
May 20, 2010 06:07PM
So you think SMH got $900,000 in the till and can start spending it. I can tell you that money has already been spent in Guyana and on management fees. The will need a large cash infusion to do the split and move forward.
You think I am negative wait until I am James King. I have made a few dollars on this stock over the years and most of my stock from the most recent 5/6 cent days. It is fun watching this puppy and playing the market to see if you can follow which way the wind is blowing. What I like best is the huge amount of money raised in the past 2 plus years with virtually nothing to show for it other than Bending drawing an execcutive salary from a venture cap. One of the reasons I have never taken part in the financings. So James take a walk over to Mannis and Pinetree and ask if they are happy campers.