you really have to wonder why all the non comital answers (or lack of answers) from both STX and TPD around the delay. So today Colby admits there was damaged gear, I’ve heard the 9 welds failed x-ray testing! But in what world would the management put out a week update stating their problems??
Also I think we should just get rid of Mongolia, I was a fan of Spinco but after hearing that Colby thinks it will need a management team then this is just crap, it would need a BOD of 3 and that’s it, it’s not an operating coy.
let’s just sell it, take a few cents and ride the PB train with STX, STX SP will increase as soon as Walyering is operational and this take over price will be close to the $.30 of us, happy days, let’s move on!
I would imagine that Colby pops up in the Triangle business somewhere and it all starts again.
TPD Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
