Ann: Company Insight - Significance of Valhalla N, page-9

re: Ann: Company Insight - Significance of Va... I keep coming back to why would Eric sell out of his holding? He's obviously not short of a $ or two (so doesn't need the dosh) and I think will want to spend the next 3 - 5 years of his life proving up what he has found, then possibly look to sell out, rather than selling it out now with the job barely begining.

Any other company that wants a share of this has two clear options:

1/ Joint venture with us but it will cost you a fortune
2/ Wade into the market with deep pockets and buy yourself 19.9% of the company... Now I know that if somebodyt tried that the price would very quickly head to $ 6 - $8 a share once they got past 5% and showed their hand.