Enlightened1 and Stockster5,
I fully understand you / we have been lied to, held out on, put off, avoided, etc.. Truly there is no reason one should be hopeful at this point in the game. We do have a few more days/weeks to fully see the outcome though. It hasn't looked good that is for sure. There are going to be those that will have lost or won on this play. Either way we are at a juncture where we shall see an outcome of good or bad? After being around and trading since FFGO was even WAGI, I for one am astonished that I didn't let go before the 2005 dividends were ever even mentioned. Hook line and sinker I took it when those came out and bought more. Pre that time frame I was making money on the trade and they had not lied to me once, they were just significantly late in what they said the were going to do!! Here we are at a time when they said they were going to do something and years later, lo and behold they are, so we think? (Some think they will wipe the value away and skip out leaving us truly with 0 gain, hmm?)
It appears from publictaions they are acutally doing something now. As far as our realtionship with the three dividends being sold/moved to HGLC from FFGO, we don't know the ratio yet. We do know the ratio they suggested in the past as in 1000 to 1. (For every 1000 GWGO shares you have in ownership on record dates, you would get 1 share of each of the 5 mines to be spun off. We are only dealing with three at this point, 2 more later if we chose to wait it out.)
What the value/ratio is to be of just 1 of these shares against 1 of HGLC, who knows? Based on the email I have from FFGO it suggests it is to be competitive to that of the original $3.39+- area as stated in many press releases. So if my suspicion holds true the minimal shares traded at $5.00 on 11/30/2007 may very well have the answer. A side from that, experience tells me we won't get our shares Monday or Tuesday. Wednesday is more likely. The sad thing about that is you know price may come and go, as we have seen in the past. I just have to wonder with all the complaints filed with the Sec that we would not have even gotten this far, as to see GWGD change to FFGO!! Let alone the deal with PRTH to HGLC and becoming intangled into the web of FFGO from what the SEC should have known from everyones complaints. (I don't have a lot of faith in the SEC.) So on that note why not for this one to be true? Don't have to answer that. We don't know how many of us are out there that have shares that are a part of this move, do we? That would be nice to know. So the up shot is we wait and see.
Have you thought about what you'll do if you lose? File complaints, hire attorney, move on etc.? Have you thought about, if it actually does come true? If it does come true will you wait to see how the remaining two Bouse & Copperstone play out? I will as I have a vested interest.
If they get credibility for real or just to the newbies there may very well still be a play, just my thoughts this morning, with all the time in the world!
prisoner
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