|
This is a stock that I have been holding forever, recently heard that it will be coming back into play. The company was originally pursuing a 5% interest plus 4.5% royalty in the new Niagara Falls casino to be built, which is expected to produce well over $1 billion in annual revenue. A couple of years ago after I first got into the stock it went to essentially zero after a big falling out amongst management. In any event it's been an ongoing lawsuit for the last 2 years which is apparently getting close to resolution, sometime this spring from what I have heard. I have also heard that the 10% interest in the Niagara Falls casino could be worth over $250 million, or about $30 per share. Just started to trade up today, thought I'd start this thread to see if anyone out there knows this story and has information. Good Luck GP6 |
