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Re: LtColombo post# 17022

Thursday, 05/19/2011 3:11:22 PM

Thursday, May 19, 2011 3:11:22 PM

Post# of 67010
Uh - revenue stream - which would exist once permit approved and into operation.
Lt - I thought you were a supporter of CGI - have you become jaded through some days/weeks/months of this BS that's going on now?
I remember Mecoors was saying that the company pumps and dilutes monthly to cover their expenses and was getting all on a roll about it until he finally dropped out of the picture for the past few weeks.
Not sure that's happening or not - surely the flippers have found this to be a 14.9% return between 7&8 ad nauseum. I would have done it too if I was not worried that news would come that the permit was approved while I was waiting to be filled at 7. Who knows how many shares are in that vicious circle.
If the company is doing diluting - I don't care. They need the money to pay the bond, pay engineers for plans to handle the gov't requirements for dry stacking and remediation of the tailings ponds, buy the dry stacking property, etc etc. More power to them. They are going to make us longs rich eventually.
I so much more like the idea of share buyback than reverse split - as would any long. Based on solid evidence from gov't records, submissions and responses, etc. the company is doing what it says it's doing - and of course it costs money. So?


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