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Re: mrplmer post# 5044

Thursday, 05/25/2017 12:29:24 PM

Thursday, May 25, 2017 12:29:24 PM

Post# of 29882
Jmo,but any agreement with a partner will come with very little to no upfront money,and will likely completely hinge on a positive Statewide vote for the Pebble by the people of Alaska.
Only then will a partner be obligated to pay for a share of this project.
Already two have walked away after injecting hordes of cash and getting nothing.
A 3rd partner will be very cautious.It may cost them more to play this way,but they won't get caught on a negative vote by the people.
Again imo,when an agreement of this type is announced,the stock will drop like a rock below $1.00.
The shorts have not let it go.They feel there is a lot more to this story.
Why retail are always willing to throw their money away on a gamble,is an amazing question.The bullboards can always draw them in like flies to the slaughter,and the likely scenario here is just that.
Any type of agreement that doesn't come with a huge influx of cash from a partner,will hammer the stock price immediately upon opening that day.
This is the next catalyst in whichever way the stock will move sharply.Big gamble.
Until then,the stock will drop slowly over time.
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