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Richard...things could go along the lines you propose too. My scope of the scene is that CHIP is in a place similar to the days before they switched from Casinos to Tecopa. That change of venue was done with a fresh start mentality; a new vision and a massive rollback of stock which took out the old shareholders who bet on Montle; an 'out with the old' kind of policy. I think CHIP is at that juncture again: they're finished with mining as far as I can see, (no action in Montana or Tecopa) and want to disconnect from it, like the previous unsuccessful ventures they've tried. I think Montle restructures things after they've run their course and he will shed this failed mining period like his other old skins and start looking elsewhere for a brand new direction...new idea, new shareholders, new money and new stock to issue. Once again, he try to remake himself in a new success and disavow the past.God bless him! I just wish he had done it with Tecopa. Lots of pennies do have jillions of shares but they're unattractive to new investors because it requires issuing tons of shares to raise money. It's hard for the new guys to get a big piece of the action with an ever-expanding float. But even with a rollback Montle will own, percentage-wise, plenty of the new stock. And if he doesn't have enough, he'll give himself more. Having a cleaned up stock position will benefit his new venture and help distance him from the previous one....which is us, history, yesterday's crapshoot. We have to take our lumps, move on and let a new batch of gamblers gather 'round. At least, that's what I think he thinks and what he'll do. Of course, what's my opinion worth...I still own a ton of stock, and I also bet on IPM, Cochise, Global, Kilo, and Delgratia. I rest my case! |
