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Tuesday, March 15, 2011 5:02:17 PM
Seems to me today's PR was not connected to the anticipated technical news we have been waiting for. It was an important business matter entirely within the province of WDRP's CEO. I believe Martel is very smart and would want to maintain pps if there is any current undisclosed interest in a buy-out. If, as was hinted by Andrew yesterday, there will be more delay in releasing the technical news (i.e. beyond the promised March) he would certainly see that concern would grow and pps would be difficult to maintain at its current level. A serious drop is the last thing he would want - so he took the initiative to release news of his success in upgrading the Company rating. Little Dutch Boy puts his finger in the leaking dyke ... kind of thing ... before the reactor goes boom. The intriguing part, as you suggest,is the revelation that there are "those" beside the shareholders who have an interest in the Company. Martel has referred in the past(if I can trust my rusty memory) to a buy-out opportunity being 'hard to resist', or words to that effect. Hs action regarding the rating was necessary and correct in any case, but gains more focus if he has suitors for WDRP. I had previously dismissed buy-out talk on the board as idle wishful-thinking, but in the light of today's news I am reconsidering. What say you?
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