OGX 0.00% 0.3¢ orinoco gold limited

My thoughts are aligned with yours Wil-the options average down...

  1. 2,475 Posts.
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    My thoughts are aligned with yours Wil-the options average down the price, though it would
    appear to still be much cheaper to buy at market.
    Though considerations below
    1) Buyer/purchaser is also acquiring at market at the same time & does not wish to drive the price even
    higher while acquiring with additional share acquisitions .
    2) Its very compelling that an entity would pay such a premium over market price .
    3) Do we recall what results that where due that we still have not received when the 12mil was raised
    & those acquiring did not blink at the premium !!!!!
    5) No offence meant Wil -but get your head out of chart land & take a look-its there to find imo
    4)The only reasoning for paying such a premium especially when the s/p is in sell down mode,
    ( increased perceived risk ) is the purchaser believes in his purchase ( even accounting for the
    premium he is paying above market value)- Will or is very likely to be worth significantly more
    in the future than that which he is paying now.
    4) Its there go take a Bo Diddley -Dingoes breakfast .
    5) Watch exploration carefully
    salt
 
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