Hi Dean,
Word is SUF will not go to the equity markets in Canada. They will use the Messina shell on JSE for equity financing supplemented by balance sheet dollars.
Canadian brokers and analysts may be fed up with SUF management,...but it is clear, SUF is fed up with the Canadian stock market, as are a growing number of honest small to large mining companies.
Perhaps that's why we are seeing the aggressive and unrelenting selling by Canadian brokerages,...one last kick at the wounded hamster,....bunch of @#!%^*(#@. One day they will run out of shares, and Messina feasibility and financing will be out,...oh yes, financing will be by South African banks.
Oops, Hi Andy,...I see you beat me with your answer. Nice to see FM supporting the price,...European interests I've been told,... and maybe some SUF buying there own back.
Messina in two weeks, until then, this hamster remains on life support. |