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If DMBAO shares similar view that this issue should be cleared 100%, he as the large investor could ask Scott or Supervisory Board officially. Not sure whether they are obliged to provide us with clear explanation supported by detailed numbers. If there is some list of shareholders names necessary for the submission, I am ready to put my name there. I am not that much anxious, but IMO clearance could be very beneficial for all investors, even if it hurts.
Yeah, and therefore I take the chance to buy cheap shares, maybe he will improve his management and makes a deal. Lottery ticket, but supported by nice property and with very high potential.
My cheapest shares ever purchased so far today, but who knows if I do not recollect times when PPS was that "high" as of today...
Ask Merle/Scott for details. I would also be interested to see them.
If so, why did not they pay for prolonged exclusivity?
I agree that to me as the shareholder, the last potential deal conditions with SOE were not much convenient for me/SRSR/NS. But if Chinese saw a weakness and negotiated better conditions than anticipated, why did not they take a chance and did not close the deal? I really am very curious what is/was behind the scene.
Not in a hurry, I have relatively enough shares, so good price for me is around 0.016 or so at the moment.
Nice to see your trust in the company dmbao, yet Scott´s investment would be showing his confidence, which is not happening, unfortunately. I am also trying to get some more shares, difficult to say whether they will be going deeper or not.
The # 100 will be THE DAY.
Scott had more than 3++ years for making a deal, after the last drill, I think it was early 2010. Waiting some more years-it would really be very miserable performance, I can hardly believe this could happen, still being careful optimist it is matter max. of months.
Chart is just a chart...
Machines and crooks do their jobs well, like fishes in water. Nothing common with investing...
DMBAO, was that 1M kick yours, or have you become immune against everlasting buying opportunities?
Again the info leaked and financial crooks knew about the dilution before....
SRSR reminds me a golden boat without a captain. Declarations that events will happen when they happen or when the right time comes hardly meet anyone´s expectations in this world. Last drill was finished some 3+ years ago, and since then no actual progress, just unmatched or failed visions, mostly with no explanations or corrective steps. OK, let´s be optimistic a bit, great things happen when most unexpect them.
Not sure, whether you will get a satisfactory answer. When I asked the same or very close question, Merle replied briefly "Passed on. Not much else I can do." I think this answer is not in line with what he would do or feels, but he is loyal.
As to me, and I think most of members around here, me included, agree to this very good summary of the company recent management, but it may be extended to the whole Scott history here. I would wish that Scott will actively manage the company in very transparent way and will communicate with shareholders as is common in any other company: setting the plan, continuous checking the plan and milestones, analyze the situation and making actions/corrections at weak points. Pretty normal style of management, but Scott is letting things flowing as they want and discloses when there is something to say or something happens. This is completely passive approach, indicating very weak management to achieve the goals. The right of shareholders is to ask management, a) why was not this/that matched b) to set updated milestone , ... In the mix with situation in metal mining, there is no wonder the PPS is where it is. I am in the company mostly due to the property and long, but am critical to the management and its style.
Nobody of us has. Maybe we can cheerlead ourselves that things in stocks usually go in opposite direction than they seem they should. A "Posco" like high calibre suitor is a dream for me.
If SOE feels or was told informally perhaps during exclusivity period that SRSR had no other serious counterparty, SOE may play a game with the aim to change the original bid in its favor. IMO, when SOE comes back in some time, then with worse bid for shareholders and SRSR than before. Es1´s logic is closer to me in this case, on the other hand I know asian companies never do things in big rush and under pressure when they do not feel they act correctly and with all information at disposal(my personal experience).
Just money for granting exclusivity period, no report was necessary.
I asked Merle, I think also I put it here some days/weeks ago. Merle said all the obligations had been fulfiled.
Correct, fresh acquisition. At the first glance, it seems there is nobody from DR in the board of directors, and mining/exploration is not among Cowen´s prefered industrial sectors.
True, DR was sounding good, but since then, and it is pretty long time ago, we have have not heard a single word from them.
I think this would be very unorthodox approach, in fact, it would be a sign of CEO weakness if announced officially. Merle should continuously screen contributions and ideas here and there, that are worth (OK, 1-2% of total ???), and inform Scott.
Anyway, if such events were organized regularly, say once a year as videoconference or even answering concrete questions from shareholders gathered before and published somewhere as per Scott´s choice (blog,www pages, ...) and regardless the actual situation in SRSR, then it could be interesting, and very fair to shareholders. In fact, I wonder why Scott or Merle have not done something in a way.
What would be very interesting but what will liekyl never know is the list of addressed investors and the reasons why (if ever) they failed.
For anybody, waiting is pretty long and maybe painful. But I would not say, that a lot of longs left their positions with SRSR, based on the volume traded at that time.
Hi Erwin,
GNBT does not work, wrong link, the daily actual chart open MSFT, ... Pls check.
As they planned the complete testing could last ca 4 months, they should not make a big error in timing, IMHO it could be completed easily any day now. But I would not be against if another non-chinese investor entered the deal.
I wouldn´t say so, just was kidding.
It looks as if CTO was worldwide.
Anyway, early bird.
Which part of US/CND are you, dmbao, I thought at the time you write something here, it should be deep night there...
Longs keep holding which is good, but I can´t get it they do not buy more at these attractive prices. Is there any reasonable explanation here?
How much do you think the study may be worth? SRSR said it could purchase it, but when this happens at the time where there is no JV/merger/partnership signed, it will have not enough money?
I wonder what made the sudden trend change these 2 days, when there are no bad news out? In the past there were more sudden dips, as far as I remember.
I was asking about just this issue, nothing more.
Regarding some questions here, whether SOE has paid the fee for the exclusivity period expiry, Merle confirmed all obligations were fulfiled.
Oh, remember these modal verbs made me hard times...
may have, may have had, might have, might have had, may not have, may not have had, ..........
Theoretically equipped, during my first visit to Calgary I was asking always for an explanation when I was not sure about some expressions from books my friend´s wife, native Canadian, she usually did not know what I was talking about...
Hispeed, your implications are possible, but not said in the disclosure. Does not make sense to persuade each other how to read and get it. Let us believe SRSR/NS will become stronger and its goals true, which will be beneficial both for the company and shareholders as well.
I don´t understand people who do not understand clear and simple facts, and try to explain them in their own way, either positive or negative, and suffer complete loss of objectivity, just in the name of dog loyalty to SRSR.
What I wish but which is not too realistic if SOE comes back and wants to make JV in the close future SRSR should have nogotiations with another potential partner at that time, and both parties could compete in bidding.