Nebs go easy on the guy huh? ;)
Comments on MM's ...they are equally interested in institutional buyers perhaps more than retail buyers like little 'ol you or me. I think dreamchaser was inferring if he was an MM then he would get out now while the going is good before it gets worse. To that degree I concur he SHOULD trouble is he is in so deep with his NSS he CANNOT COVER quite so quickly without taking a big hit and I do mean big as in SIZE LARGE.
So dreamchaser the MM tries to pay off debts by selling more naked short shares to cover his short position. The chess game is does UC have enough good news to force the MM's to cover. Equally do the MM's have the good sense to cover in time or get caught with those shorts down for the market to see under the spotlight.
Now from the PalTalk last night Melvin was asked what is the best thing we can do to help the company briefly stated his answer was stay long and be patient. Notice he did not plead for all to take out certs? Suggests to me a strong case is unfolding for Roger Glenn.
Melvin also likened the merger taking place to a Microsoft of the resource sector. Bluff? Well take into account the size of the kimbers they claim to have found , take into account the uranium zinc and other mineral possibilities. If you read what Melvin answers about Smeaton it really sounds like Smeaton is far from dead but maybe dormant CMKX-wise from a diamond perspective. Recall what UC said about George Lake Zinc Deposit and I don't believe your to far off. UC said incidentally do NOT underestimate George Lake Zinc Deposit.
Now we have an additional 500,000 acres well why so big so fast you might ask. FALC is going to get a lot more attention in the near future is an obvious answer but as Melvin hinted last night picture three guys in a sandbox (referring to Kensington, Shore CMKX) he hasn't ruled out deals with those "other" two has he?
Now dreamchaser you mentioned the word scam ....scam = Slang n. A fraudulent business scheme; a swindle. Ask yourself very seriously dreamchaser do CMKX ,UCA ,KPG ,SEI ,UCAD, GEMM , Casavant International;and Nevada Minerals all joined at the hip (and probably more to come) ....positioning for the lion's share of the FALC sound like a scam to you?
If I were a naughty MM with my hand in the cookie jar I'd be very anxious to get clear of this growing behemoth and play straight like I'm supposed to but then again I'm not a greedy dishonest MM on the take used to swindling retail investors either. Oh gosh did I say such a thing? I meant shady didn't I?
Good to see you here Nebs GLTY dreamchaser what is implied we cannot begin to imagine only that it's larger than any of us understand at present. Be patient and all will present itself.
As ever guys...All you realize? JMVHO
Long & Strong
Cheers....Rich
Anyway the chips fall. There is no better substitute than YOUR OWN DD
Including mine...good luck!
