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Message: Lori is smart

Look, we all pretty much know that we are setting on maybe a world class deposit. Rumor has it, that lori said she would take nothing less than $100 per/share for the company. Someone correct me on if she meant the whole company or just Tesoro. Anyhow, for management to say that with confidence, tells me a lot.

We have a tightly held stock and I would imagine that management knows what percentage of those shares are gonna be loyal to the end in the event of a takeover attempt. If our shareholers right plan specifies 60% will prevent a hostile takeover,then management knows they can fully trust at least that percentage of shares. The more shares that are out there, the harder it becomes to determine what percentage the company can rely on if such an attempt happened. Maybe this is partly reason why the last pp was cancelled? If you have big guys in this stock that are happy with a double or so, if it came time to vote they may take the money and run instead of holding out for a much greater reward. I,m trying to say, that the less entities holding this stock, the better for us. So, if know one wants to sell when we get to $5, and the next ask is $100, so what, whoever buys us out knows that they have to pay a hefty price because the shareholders will not tender their shares for anything less!

I would imagine that management, as well as us, would like to have our profits realized on the Tesoro as quick as possible, allowing us to accept wealth at an amazing pace. So, the goal would be to prove up Tesoro promptly and move on to our next venture with fuller pockets to better fund our next ventures.

Lori is smart.

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