The delays and the decline in share price due to the delays have pushed the sp to a level that I feel are worth getting into, even if for a short trading opportunity.
I don't know how low the sp will go if JJ and friend keep playing this game. It may go to a penny. Since there is nothing fundamentally to create value, other than the owned claims and some piece of a mountain. What is all that worth? I have no idea.
IMO, I don't see them repeating the same story/scam if you will. This time around, if the ADL deal is dead, as some believe, and I increasingly am in that corner, then the dog and pony show will start on the LDM. Now partner/buyer A will be the buyer for LDM and that whole scenario will unfold.
I still am amazed that with all the money they got by unloading worthless stock, Medinah did not purchase/lease a fleet of front loaders and trucks to get the so called mineral rich dirt to market.
Lots of holes, lots of questions, least of which is the BOD treatment of shareholders. Opaque comes to mind, not transparent.
Just to sum up my thoughts, bottom fishing for next week is in order. If we are fortunate enough to have this opportunity to trade the stock with a major announcement, then longs and BOD will have been finally vindicated. "Next Week"
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