carnegie corp cheap ????

Hey sweety. Have noticed that you have gone very negative on Carnegie.
Any reason ???
Nothing seems to have changed in my opinion. The PDX price has pulled back a little (as expected but up a little again overnight) and is still worth about $4.5mill I believe. Cash holding still around $1.3mill and nothing else has changed.
Gambia only small but low risk and $$ positive with good partner.
Wave power who knows but Pacific Hydro backing is a big plus and obvious blue sky.
Chart looks to have pulled back to very close to a support level and amount of cash on hand plus PDX means very little risk in my opinion.
Biggest problem of company I believe is lack of selling itself.
Web site broker research has been being updated for months.
Perhaps you could mention the above to Hoppy next time you speak.
If they are so keen to sell the PDX holding then ask him to distribute the proceeds to shareholders via a return.
2c a share return would be lovely or tell him to initiate a share buy back of 100 million shares (would only cost $3mill and would still leave almost $3mill in the kitty)
Just a few thoughts.
I still feel that they are very cheap