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Re: Pecuniam post# 348

Tuesday, 07/08/2014 2:55:04 AM

Tuesday, July 08, 2014 2:55:04 AM

Post# of 453
Could be. Though it was a bit higher that that even before the news. From the VP's remark about that being the "low hanging fruit", I don't think they really want to pursue that route. I think that they would rather go ahead and do mining as originally intended. The higher hanging fruit would see a share price measured in dollars (eventually) as opposed to a one time boost. The implication is that the damages award would be compensation for losses because they would be prevented from taking possession of what they bought. We would get an instant gratification, (perhaps distributed to shareholders as a dividend?) but that would be it. There has been no pump on this stock, if it were a typical pump, the rationalization would be put forth that 0.62 would be the minimum price and it would get bid up around there. It could still happen. Apart from a few ihubbers, not many know anything about this stock or the interesting story. Actually, ecen some of the recent ihub posters here didn't seem to have a clue...