Originally posted by norfolkchance
Resource upgrades don't mean squat if the DFS comes back negatory...i too would like to know WHY we are here with the acquisition in our hands.
IMO, its because we knew it was coming and when it did arrive we were held in suspension for a week, the lustre was lost in that time and as there were no other announcements to keep the momentum going it dropped back off, hopefully there is some news coming and I wouldnt mind a few in a row to punch this hard, the $5 million worth of shares when issued will be escrowed for between 9 and 12 months so they wont have any affect on the dilution, Fimosa must have faith in the resource to agree to that, and IMO they must feel it will be above the current SP levels when they can eventually trade them
