I am not sure how many people are truly interested in CEF but I
have to say that what you two did today (mama and fuzzy) is exactly
what the board is for. You engaged back and forth,
respectfully, and ultimately reached a form of clarity. I am
going to shock some people here but Matt, Steve and myself do not
know every thing about every stock.
I will give you a minute to pick yourselves up off the
floor.
The research you two did was great and I learned from it so
thank you.
Thanks Tom for the kinds words, and thanks mamaduck for the
info. I had overlooked the part of the prospectus that
mentioned the 50:1 ratio for new purchases. That makes their
recent 9:1 purchase even more curious though considering it's the
first time in a decade they strayed from a 50:1 purchase
ratio. I would assume since that was during the parabolic top
they had a hard time getting enough silver. It will be
interesting to see how they maintain the ratio going forward
nonetheless. I spent way too much time looking at this today,
and decided to run it to ground by e-mailing the company as someone
suggested.
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I am not sure how
CEF
Posted by tom on 17th of Aug 2011 at 03:31 pm
I am not sure how many people are truly interested in CEF but I have to say that what you two did today (mama and fuzzy) is exactly what the board is for. You engaged back and forth, respectfully, and ultimately reached a form of clarity. I am going to shock some people here but Matt, Steve and myself do not know every thing about every stock.
I will give you a minute to pick yourselves up off the floor.
The research you two did was great and I learned from it so thank you.
CEF
Posted by cufuzzy on 17th of Aug 2011 at 05:16 pm
Thanks Tom for the kinds words, and thanks mamaduck for the info. I had overlooked the part of the prospectus that mentioned the 50:1 ratio for new purchases. That makes their recent 9:1 purchase even more curious though considering it's the first time in a decade they strayed from a 50:1 purchase ratio. I would assume since that was during the parabolic top they had a hard time getting enough silver. It will be interesting to see how they maintain the ratio going forward nonetheless. I spent way too much time looking at this today, and decided to run it to ground by e-mailing the company as someone suggested.