SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Solv Ex (SOLVD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 993racer who wrote (3300)6/5/1997 12:21:00 PM
From: David Coakley   of 6735
 
racer: If the people behind the Curacao money are selling some shares I seriously doubt it has anything to do with being unimpressed with a tour of the plant. If the plant was unimpressive or in "shambles" as shorts have tried to portray it, the stock would have all but evaporated already. As it stands the market value is in excess of $100m and holding steady at about what it cost SOLV to build it.

All bets are placed and we're just waiting to see if (when) SOLV gets the partner(s) they need or if they run out of money. I doubt we'll see any action by the SEC until after contiuous production is underway.

Do I need to tell you that I firmly believe they will announce funding and strategic alliance(s) soon? What happens to the price in that event?

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext