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Re: Sryinex post# 224

Thursday, 04/04/2013 6:57:10 PM

Thursday, April 04, 2013 6:57:10 PM

Post# of 4034
Not even just; Wallace resigned on Tuesday and PGRX waited two days to release the news, only after the market closed and again absent any calming language ("not due to any disagreement") or pretext ("to pursue other opportunities"). Sure seems like the industry execs brought in by Avery last summer now are rotating out, just difficult to tell whether they are being shown the door or are jumping ship. It will be interesting to see what happens with Eisler and Marks. Certainly the last-minute cancellation of Apollo's predatory loan-to-own and the concurrent installation of Barber and Dangler suggest that the money has taken control of the company with the intent to immediately maximize the asset as opposed to developing the mine. Problem being that time is not on their side...

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