Viper,
Fix your snake eyes on this DD, courtesy of a real investor on SH.
"Let me give you some little clues for your obviously small-minded DD capabilities:
Who was the mystery lender behind the Convertible Debentures?
Why has the lenders name not been made public? And, why would the TSE & Amex agree to non-disclosure for such a material amount of $US30MM?
Why would they exercise $10MM worth at the same time we saw about 1.5 million shares trade in blocks in the Cdn$5 area, just before the recent move that more than doubled the stock price?
Where, to whom, did these blocks go?
Is "someone" piercing, or about to pierce, the 10% threshhold? Is this related?
Who would give away, through conversion, 1/3 of an exceptional "lottery ticket" ... and why now?
Could this "give up" be chump change when compared to further opportunities ... like a major financing for development purposes? ... and / or, the exploitation rights to other mineral reserves?
Yes, there IS a bigger picture. It's just that you don't have it figured out yet. Too bad, you seem to have much at risk.
Good luck with your on going DD. Hope this helps get you on track.
Rob.
BTW, those John Willson comments ... sorry, already dealt with through non-appealable decision of the Supreme Court in 1996 - look it up. Old JW has less of a grasp (or is it just PR) than his own lawyers. Ever hear of Delores de Barro (sp?) ... you should contact her and get her views ;-)))
Enough hints ... take it from here maestro."
Now go crawl back under your rock and do your DD. And enough nonsense about you and your "group". Gimme a break. There is no group, you haven't had 24 years of experience and you're not short, um, er... OK, so maybe you are short, but the rest still goes. Prove it! Put up or Shut up.
RH |
