Yep it's getting a smacking over hyped under delivered, that acquisition was too slow announced in July closed in November.
I think the main thing that has driven the selling is them not speaking on drilling this year for the acquisition, I think there was an expectation that you guys took 4 months to close the deal drilling should have been ready to go, but nothing in the announcement poor project management and lack of communication disappointing.
CDV factor also at play the years biggest success story goes down in flames it stinks up all the explorers abit, no doubt funds and retailers will be tightening belts and taking less risk.
Gold price is also going off the boil fed likely to raise rates in December now.
I personally like the The Xenopsaris target area and the acquisition looks interesting, but this is going nowhere fast in the near term 2017 for this one.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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