Much more pleasant!
AHHHHH!!! When you finally get the right ones on ignore the board is so much nicer, easier to use, and actually fosters discussion.
Poof!!! Gone to internet limbo!!
I received an e-mail stating that I might be confusing some with my thoughts, that I am entitled to express, concerning the possible movement of the share price. So here goes another try.
In May/June about 4,000,000 warrants expire if we do not trade above $0.65. In December/January about 33,000,000 more go away if we do not trade above $1.45. And of course they are of little value if investors see fundamentals crashing in the future.
I believe I stated, in response to someone saying that our share price would never increase, a question if there was anyone on the planet who believed we would not trade above $1.00 in the next year or so. I also recently said that we should see 300% to %400 percent gain in the next two to three years. These are not opposing views. A dollar from $0.46 is 217% and 300% would be $1.38, with 400% $1.84. IMO, given the projected increase in fundamentals, and the expected expiration of the warrants, those are pretty conservative targets. I think if everything falls into place we will do much better and maybe see an ATH in three years. Anyone who believes the same should be accumulating shares at this level. That is pretty much a "no brainer"!
On the downside, I also think there are enough fools out there in the retail market, with the very light volume that this stock trades, we could see a precipitous drop short term at any time in the share price to $0.35 or below. I do not see any risk that the company will fold, or that the share price will remain at that low a level. I do not see it rising above $0.65 before the end of May and naturally not above $1.45 before the end of January 2014. I am more concerned that when all the news in the pipeline finally is known the price might climb above those level too soon and trigger exercise of the warrants. I would much prefer to wait and not have the dilution. If we could rise to $1.35 and get rid of all the fools who want to sell out the company, that would be fine.
In the meantime we watch and wait for FQM to choose the path for completing their HT, and the filing of our Q3 report on April 15th, just about ten trading days away. So now is the perfect time to just take a little vacation, do some fishing, surfing, or just enjoying good food and family until the events over which we have no control play themselves out. Panama short term has FQM in the drivers seat, and Spain is in the hands of Behre Dolbear. Some board posters have flown to Spain for the holidays and we will be hearing the latest from them upon their return.
For you fellows north of the Mason-Dixon line and in Canada and Germany...it is 79 Fahrenheit on the beach this morning and the water is beautiful..SURFS UP!!!
