Re: No talking, no action!! I wonder why?
in response to
by
posted on
Dec 15, 2010 11:00PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
hi dazza8, speaking for myself, I dont know when we will get the permits. Personally, I,m content with my investment and will wait. I am not in a position where I have to sell. And its my intentions to buy more if I receive some funds I am trying to muster up.
I beleive it was the end of Aug when the permits were last submitted, so the end of Dec is only 4 months. Throw Christmas into the equation (hog mentioned the Spanish are strong Christians) so take off approx 2 weeks. That puts us around 3 and a half months by dec 31. I beleive it usually takes around 4 months, so this is just a guess.
There is a possibility that we may get some other news in that time frame. Again, im only guessing. It really all comes down to the individual, are you comfortable? There are people selling, but these people dont see what us buyers at this time see, a buying opportunity.
You say your impatient, but if it generally takes 4 months for a permit, we are probably not there yet. Then nobody knows, we may get a Christmas present.
Speaking for myself ONLY, I have done many hours of research on SLI, and know that I will not sell til we are bought out.
All in all, I guess you have to do what your comfortable with. If its any consolation, I beleive most of us here are comfortable. And it seems for the most part, that the ones that didnt attend the AGM, dont have the level of comfort the AGM goers have.
My opinion, hang on to your shares if you can.