Re: Price tanking
in response to
by
posted on
Oct 13, 2009 06:15PM
That may be one scenereo Arizona Ranger but it is not the one that I believe will evolve.
There must be a good reason for Pat Sheridan to pay that much for Roxmark, perhaps in addition to the properties it holds, there is a small mill, and more importantly a permit that goes along with it. I think the today's sellers may have jumped the gun on this, and may not be thinking it through. I understand there are many investors that are simply tired of waiting, and they should just move out of the way.
In my view there is a bigger plan that has simply not been revealed yet. This new crew is very tight lipped about what that plan is. You are simply with them or if not sell your shares and get out of the way.
Personally I am with Pat's crew.