Hi Ed,
this is not directed to you in particular, but everyone in general, I couldn't help but pass comment on what I see happening. Someone has to be the "bah humbug guy" so be it.
Donner has not yet accounted for many things, I will only list a few:
1. The expenditure of Millions of dollars
2. The lack of any credible information
3. Any results
4. Some accounting for it's stock run up to $3.00 and it's subsequent rundown (screwing the retail investor in the process)
5. It has not presented any program as to how where it goes from here;
(ie) if it has promising results, where are they going to get the money from, ?? can they keep the SVB partners together for another season, ?? etc etc.
But what bothers me most is that posters still hold onto this wonderful "next drill hole" fairy tale concept, after they have been screwed so many times. Hell, has everyone already forgotten the false run-up of just a couple of weeks ago.
If it wasn't all so bizarre, it would be laughable, but there are real people out there investing money they don't have, in things which have no substance in fact or fiction.
bah humbug
Terence Mitchell
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