Once again ... I should have sold earlier ... when will I learn! (sighhhhhhh!)
The problem with this stock is that they have never built momentum. If they had the rigs out there working then twists and turns can be absorbed and the overall project potential will be reflected in the price rather than the testing of one lode determining the price.
Once they confirmed that the 161-lode had a mineable tenor then they should have been aggressive in searching the field. They need to get out there and drill drill drill .... then get a capital raising away at 60 cents per share to refill the coffers.
I am very disappointed in todays announcement. Currently thinking of holding but also know that in the past it can take 2 or 3 days for the carnage to flow through. Then revisiting the 30's will need some real special results which the company's slow progress may not allow.
disclaimer; just my opinion so dyor.
AOP Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held