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Message: Re: So Come On Guys....

Nov 26, 2008 03:40PM
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Nov 27, 2008 10:55AM

Nov 27, 2008 11:06AM
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Nov 27, 2008 11:14AM

Usually I try and refrain from making rash/ off the cuff comments without first investigating and getting all the facts. I have not had the time to read through all the material. But for the record I will say this:

I am also disappointed in the re-pricing of the options. In these very difficult markets I think investors, board of directors, and management have to share the grief of the markets equally.

As far as the 20% option, it is just that. An option to purchase up to 20% this does not mean that we will be diluted another 6 million shares but yes we could.

I don't hear any alarm bells in this. The moly is there and lots of it. Resource update will prove it.

I have not had a chance to talk to CC or anyone else. Therefore I really do not know who we should or should not be upset with. I guess whoever attends the AGM will be able to tell us.

As investors we have options as well, (no not the kind of options we are referring too).

  1. Find out who indeed supports this, CC, BOD, both?
  2. Let management know how you feel
  3. Vote online however you wish
  4. Sell your shares
  5. Do nothing
  6. Buy more

Once I have all the facts then I will know which options to choose.

BBOB


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