martie - if you are worried about pdn figures etc they are in the last quarterly. Of more concern is the sustained selling- 600 /700k in a day. The pattern of selling is also worth noting.It is almost as if someone is tryinbg to push it down, but what point on these sort of volumes asssing it it is not everyone going for the exit doors. Will see in 20 mins where she closes but have resigned myself to a bottom drawer for a while.
Groundrush continues to deliver and I am sure it has enough to get local bank finance. They need local borrowers and we have most of it paid for so like other startups I think we will be OK. Question is how do we get through to April.-cut back the drilling program???Sell the balance of ABU??? Stop development at Coyote and make it pay its way or borrow more from Hong KOng. Picked up more at 53 and 56 .Exposure now too high but wont get too many opportunities like this. If GR cash costs come in below 600(and why wouldnt they)this will rerate to Over $1 instantly
TAM Price at posting:
46.2¢ Sentiment: Buy Disclosure: Held
