Yes, I think all TTY holders were very satisified with their purchase when shares hit 1.74. then Michael Keirnan went after Consmin. with a subsequent fall on share price only to rise again prior to the capital raising. He must know something about Windamurra that we dont! I would have thought it was an ideal addition to his portfolio with the Vanadium thats so lucrative at present. To say he bailed out just to take a profit is rubbish there must be more to the story than that! Dont be too dismissive of Monarch gold however as this may turn out to be a sleeper waiting to wake! Let me share with you a post of mine from late 2007. At the time it caused some uproar amongst HC followers that I would suggest such a thing however, let me just run it by you again.
Anyone who has followed my posts know that I'm a big fan of this company and a shareholder. However let me just run this by my fellow shareholders. I remember distinctly last time there was a significant movement in the share price up to approx. $1.57 in about June/July 2007 Michael Kiernan was about to put a bid on Consolidated Minerals. It was in his interest to have the share price high to strengthen his bargaining power in the bidding process. We know the rest. Today, a day prior to us having to accept the share purchase offer, the shares hit a record high of $1.74. This is on a run of negative days on the markets and on no announcements ie. another ship to China. Of course we'd all be nuts not to accept our entitlement with this kind of movement in the share price today! Could this be a case of, wait for it, "market manipulation" with lets say TTY setting aside a lazy few hundred thousand or even a mill. to "move" the price in the appropriate direction? If it makes us all keen to take up our allotment in the spp. to raise the +- 23 million would it worth it? So lets see where the share price heads after the capital raising!
History tells us it went down to todays current level and stays there waiting for some positive news about where our company is heading.
Rimtalay as a TTY follower I'd be most interested to hear what you have to say as your posts are always on the money.
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