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Post# of 361984
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tryoty

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tryoty

Re: tryoty post# 245472

Monday, 08/15/2011 10:56:43 AM

Monday, August 15, 2011 10:56:43 AM

Post# of 361984
Let me fix a typo from last night...

I said...

"Strand Hanson cannot do a Competent Persons Report without and update of reserves"

I should have said was...

"Strand Hanson cannot do a company valuation and float a new listing without a CPR that includes an update of reserves"

Like I said, I had a teenager barking in my ear!

I'm still a little miffed that our CEO thinks he can tell us that a CPR can be done without a reserves update. It would be a useless document for listing purposes.

When majority shareholders don't trade their stock, the price is set by the minority that do. Managements must satisfy the minority.

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