PEL 0.00% 1.7¢ pelican resources limited

Ann: Trading Halt , page-6

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  1. 108 Posts.
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    I share your frustration Dapper ! I think i'll break even now... I started buying in.... must be 8 years ago, at around 8c. I went along for the ride up to 50 and have seen the lows at around 4c! When do you get off?! That's the hard question. I figure I've been along this far so I may aswell wait a little longer. I hope management want more than just the yearly "remuneration". Unless the whole thing is a fairytale, which I doubt, In managements sights MUST be the estimated value of the Romblon project divided by the number of shares issued. Management have put money in recently and I think ... at least tried to keep share numbers down. But I might be dreaming ! I have decided to stay a little longer. I think the big event is "imminent", a word that here is synonymous with "sometime before Christmas" (which one we can't tell). Jokes aside, I have never dealt with Phillipine burocracy but believe it is different to here. Wheels might have to be greased and the cart not be pushed too hard and fast.
    Fingers crossed !
 
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