kry.to - thing about those wetcoast ho'house upgrades is you then see that house on the sell, and indeed here is Porkton today with net sales ... only a hair less than 12k so far, but still ..... nevertheless, i've added shares yesterday and a few the day before, not much total but enough for a trading position, and no intention to sell any this week, absent the bid rising a loonie or so from here
Vet makes some good points - financing is the nub of it, kry not holding title means they can't use it as collateral ... i would expect however that the CVG is prepared to hypothecate LC in some way, maybe not its title but a portion of production only [this flies better with latinos in general] .... otherwise who would spring for us150m, nobody we know
Baines also makes fine points, there are aspects with a distinct aroma to this thing ... but it's looking like kry is going to mine LC, which would imho validate their leaving of 'title' on their books until handing it over to CVG for consideration the other day .... to continue now to berate them for that, makes him look whiney ... i have great respect for the man, he's researched and written many a fine piece, but with the kry/pdg/vvv thing he's allowed himself to get sucked in to the emotion of the pro/con drama queen crowd
Every once in a while for years now i'll lurk some of the kry boards, invariably i have to restrain the impulse to post, 'hey guys it's just a stock' |
