Hi All,
I have spent a lot of time and money phoning various parties involved in this company , from the information I have gathered I think that Arshad Shah is making a determined effort to get the company back trading again ,like the rest of us it would appear that Arshad has lost money in this venture ,where the money has gone is up to the VSE to find out at this point in time. From what I have been led to believe , the Coni properties have potential and I am sure the report ,which I believe is almost if not complete, will reccommend a further drill program. I think the roll back on the stock was to assertain where the stock is being held ,this was a cause for concern with the VSE , I have also been told that financing is a very strong possibility when we return to trade, from what I have been told Arshad has complied with 7 of the 8 requests from the VSE and the final stumbling block is information required from RH . There is amongst the people I have talked to more optomism than there has been for some months , I would think it requires a package on the table ready to go before resumption of trading or the stock will tank ,there are a lot of stockholders waiting to get out and unless there is a package ready they will sell ,the game is not over yet, perhaps we should be ready to take action against who ever the VSE finds responsible for this in the first place
Regards
John |
