PIR 0.00% $1.49 papillon resources limited

I'm surprised by the lack of interest, and lack of info. But...

  1. 2,871 Posts.
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    I'm surprised by the lack of interest, and lack of info.
    But then again, we are all a little hand tied if the board are supportive of the offer.

    It was also a very long duration for the schedule....which also begs a few questions. Like why so long? (ie do they need the time to pull together financing? Are they giving everyone else a shot to go higher??? the questions start multiplying....)

    Seems there is no intent from mgmt to take the project further and a t/o was all they were playing for. Shame the offer is lowball and the market is down the toilet....so now the offer is in the realms of consideration.

    Just a crying bloody shame.

    PnB
 
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