Re: Reportable Holdings
in response to
by
posted on
Dec 28, 2007 10:56AM
(Edit this message through the "fast facts" section)
Thats the conclusion I have come to over the past year..... Why would someone waist all their availible time on such a small company, trading in a narrow range with light volume........
The potential of a billion dollar plus minable deposit is the carrot..... and I believe Glass is telling the truth..... when he is positive of a minable deposit he will invest....... will that be a few thousand dollars to take a menial position..... or a few million to take control of the company..... I wouldn't waist that much time bashing a stock for an oportunity to buy 50 to 500K of a company......Either you are in or you are not..... as an investor.
But if your asperations are to be the next Chuck Fitkie, then you would play things differently than us little guys.
Maintaining the price in the .20's or .30's is a means to an end.... small price to pay for making an oportunistic bid posible.
If we were trading at $2.00 on speculation as we should be, making an offer would be a whole lot more expensive and maybe out of the question for this scenario to play out.
Now if frosty and the bashing clowns and team leader were known to managment, that would give managment some insight into who they should and should not talk to..... Make no mistake, these guys are very close to this story, and they have not been bashing SNO on stockhouse for almost a year to make a few pennies on the stock..... that's not my opinion anyway.
JMHO