Good morning Mr.Metals.
Well, I appreciate you calling your source and again, who knows who is correct in this instance. I appreciate your warnings about IR people and I am well aware of these facts. If you read my first post again you will see that I am fully convinced that I was being pacified to a degree however, I believe that her words were facts.
Just my opinion here but I would have to say this about the recent trading activity. IF there was some disaster on the immidiate horizon ie: Friday JUly 17th "d-day"., would we not have seen some more selling pressure on the stock Thursday and Friday. I mean, if this were true about Brown and Root, enough people would know and would have been dumping. Remember, the 1,000,000 were NOT INSIDERS dumping stock but a fund which I believe Tita said had to due with margin problems ( although with a fund I do not have the knowledge to understand how margin requirements work etc.. with a fund's purchase ) however, I believe that is what she said. So come Thursday and Friday we see some nice buying up of the stock to close at its high for the week I believe. This on the day that your source said would be a disaster for Greenstone.... I just don't think that the day was correct. Now, does this mean that there is no problem, I have no idea, I am just trying to look at what was said and try to decide if things look better or worse for us shareholders.
Something to ask you about your original post that I forgot:
You say that Brown and Root would be placing GReenstone in default of the agreement on JUly 17th. But you make mention that Brown and Root would not be making an announcement about the problem because
$2million is not significant for a billion dollar company. Well, if $ 2million is not significant for a billion dollar company then why are they so freaked out in the first place???????? Why would they want to pull out equipment that will cost gobbs of cash to do to have no chance of recouping this loss. As well, they know there is the potential for more contracts with Greenstone in the future. So for a measly $ 2million as this company may look at it, why all the fuss? It just doesn't add up to me. But hey ...my knowledge of all this can compare to a " steaming bowl of jack-squat" so who knows?
Good day to all.
***off topic****
Mr, metals.
glad you pulled the trigger on DML, I really think now that we will never see anything out of this play and I will be left with some more wallpaper for my NAI. Oh well.
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