I heard off-line that they weren't interested in doing a PP, around the time the stock first broke 1.30 to the downside ... the fellow involved would have been mostly interested in the geology, so almost certainly would have spoken with Quinton H, not the admin/finance types, but the answer was definite, no because not needed and they wanted to get out more results and get the stock up first ... doubt if i ever posted this, wasn't that interested in the stock myself at the time, sitting on house-money shares waiting for it to bottom out, and had other faves on the go, also i clearly recall the same thing being said here anyway, even then [and more so a few weeks later]
ogr.v - Oro did the same, just earlier is all and we've forgotten, they got the stock up a little and then did a really big financing from which the thing is still suffering ... too much of this around now, it takes out the topside, self-defeating ultimately because if they don't let retail make anything retail will find some other game to play ... but there's huge pressure for cheap PPs from the ho' houses, hard for companies to resist
Questioning the marital status of posters' parents is always fine, but the word 'lying' is unparliamentary ... i reccoed ogi's post |
