Moved the goal posts bring down the value of his own stock in the process. Might be a brilliant geologist, if you believe the news reports, but you don't have to be brilliant to figure out if you want to make money from equity investments you need to sell shares for more than you pay. I think the market doesn't care about this company so opportunity exists for the patient investor to pick up stock on the cheap. The buy side is now thin to non-existent. I doubt Dr Minlu Fu would be putting money up to fund exploration in Africa without being confident of having an exit strategy for his investment.
The market now also has an idea of what visible gold and high grades mean in respect of this project.Esh
TIE Price at posting:
13.0¢ Sentiment: Hold Disclosure: Not Held