The TSX Venture Exchange has gained a whopping 13.3% or 174 points over three sessions since plunging to an intra-day low of 1306 Tuesday. The Index, however, faces some daunting technical challenges with a major hurdle at 1530 as John shows below.
October 7, 2011
5 Comments
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Hi John/ Jon,
Can you please contact Mr. Alawas (CEO of Sidon Int’l) and find out what’s going on. What is his future plan?
I believe he can not just sit quite and see investors money going in to the drain.
Thanks
Comment by Eric Benson — October 7, 2011 @ 6:36 am
@ Eric – agreed!
Comment by Marc — October 7, 2011 @ 7:29 am
I sent him an email, and he rudely answered “Why would we want to pack it in? We have a very good project going, it will take time to develop and when news is ready to be put out we will do so.”
KA
My question to him was … Have u packed it in? This was Aug. 16, 2011
Comment by nikolay — October 7, 2011 @ 8:24 am
ask a rude question you may get a rude answer…
Comment by Jeremy — October 8, 2011 @ 6:08 am
I don’t think my question was rude to him, maybe offended him, however the basis of the question was … have they ceased operations in that area, due to lousy core samples (because none have been released) in a email back in May 2011 he stated that they had applied for a mining permit 2mths prior and were waiting for results on 4 of the remaining holes and that shareholders would be updated as soon as they either recieved the permit or results on the 4 holes were available. Well that was 5 mths ago, meaning the permit was applied for 7 mths ago……and still Nothing? No Update to Shareholders….. Ya…that would make some wonder if they Packed it in !! Certainly makes me wonder.
Comment by nikolay — October 8, 2011 @ 9:24 am