Hotfire, of course you are correct when you say "the gold is there and we await"
That is why for the longest time I have asked three things of the company (they have done none)
1) with all thd great drill results NOT in the resource, USE THEM, and increase your resource
2) stop spending money, lay low, hang in there - your time will come - if you survive
3) do ANYTHING to make some gold get produced; I even offered my mates German Shepard to go up and dig; you do NOT NEED TO SPEND 210 MILL to get gold out; in fairy land, you can do this; but this is not fairy land
Now, Hotfire. In any of the actors you have introduced into the dark, dramatic play; will any of these actors give TWO HOOTS about a retail investor; you just watch... over the next two or three years the new actors may come out ok, but the retail holder is of no consequence - and will be treated accordingly
So, in your 'now we wait' scenario we have DUMB MANAGMENT about to be screwed by their new 'mates'. If they did what I suggested starting a year ago, the company would be much, much better off. Now we are naked in the street, and any old pervert can come and take us in. And we cant say 'no'.
I say LONG TERM buy now as it could be bit of a punt at this price. But only the tiniest punt. My investment... ha ha. I tried to buy at $1.60, then waited. And was able to buy at $1.50. Then sold at $1.20. Then bought at $1. Then sold at 80 cents. Then bought at 60 cents. Then sold half at 36 cents. So, I now own a few thousand dollars worth. Which will soon be nil.
It is ok. It was not a big holding for me. I lost about $10,000. To me this is just a Leonardo DeCaprio film titled: Island of Gold and Dummies.
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