Replies to post #50728 on Phoenix Associates Land Syndicate (fka PBLSQ)

[sawdin]

I agree, I believe additional mine acquisitions are part of the overall plan. However, everything is pretty much speculation until further information/guidance is provided. Obviously, the market has serious doubts about the deal, otherwise investors would be buying at these prices. Remember, it doesn't matter what we think/believe, what matters is what the market (i.e., those who have not yet invested) believe. It seems rather evident that those investors who are not yet in prefer other investment options available to them. We all hope they have miscalculated. JMHO