re: Ann: Placement , Share Purchase Plan and ... If there was a reason to be so postive ... would the share price go up or down ?
Yes there is a large piece of iron ore, but if u understand the task it takes to get that iron ore out of the ground in any country -
It called potential which is big, but to make it all happen that a different matter and this is what make a stock worth 8 cents to 2 bucks.
so i would say the potential is big but still a pipe dream and having to raise cash kind of make me think something is not quite right.
People keep on getting sold down the path of the potential of a project but do not understand the real world part of the project.
I would suggest you look at my post and they read what other people think i said.
That why i call this place the herd, because 4-5 post come after each other being Yes man to the up rampers.
Wescott post --
What does it all mean ? i can post alot of figure and fact saying the mine look huge and the settle and treatment is massive but what does it all mean ?
you campare SDL to a bud that about to flower ? Does that mean you are saying funding is sorta and ready to go ?
If so why id 5 million needed, if the 3.3 billion has been sorta ?
I would have say SDL has planted the seed and the potential to become a wonderful flower ...
Ann: Placement , Share Purchase Plan and Underwri, page-90
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