No, the whacking comes before the Bad Thing actually happens, in the anticipation ... remember the run-up into the Amex listing in the first place? - excellent time to sell, that last day on the bulletin board, as it turned out, in fact it has never seen 4.50 since ... what's happening today is the mirror image, people dumping in horror at the possibility of leaving the Amex, if/when that actually comes to pass it'll be anticlimax, and no big deal either imho, since the Amex listing never did a hell of a lot for it
Remember how Metalline got punched down into the .teens less than two months ago? - well it more than doubled after that, in short order ... it will more than double again, from today's lows, and soon, just watch
They don't have much cash, enough to put out more resource calc but likely not enough to finish full fease [just guesstimating though] ... not saying M is out, just that it seems to me a logical move that there be some sort of palace coup at some point, as he is clearly not getting a vote of confidence from people with cash bucks ... imagine if some canuck-listed junior was to score this project, hey even Genco, then they'd have something ... ideally Kootenay, is my fantasy, up the ktn outstanding by 19.5m on a one-for-two sharepaper deal for Metalline, then off to the races .... um, at least after the races get around to starting up, lol, e&d is generally not yet back in fashion ... but it will be, and with a vengeance |
