I thought of doing the same ( selling out) but have decided to stick with it for a while longer, after all have been waiting so long for the announcements regarding progressive sizing up of the resource they appear to have. Their technical understanding seems good and points to multiple sequences of deposits, and the grades from the few reports that we have had seem quite decent.
Yes, their reporting infrequency is a cause for concern and I don't think they get the relationship between their languishing share price and lack of more frequent updates. The only flurry of reports that I recall was when they neded some more funds, then after that we slide back into long passages of time to get further updates. I just dont know what to put it down to, is it just a case of not comprehending Mr Market, or is it a certain attitude towards shareholders. What is relevant though is I expect they will need more funds 2nd half 2012 because their capital raising did not really bring in that much. Maybe we have to wait for this in order to get another flurry of upates !!!! Whatever, not good enough in my view
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I thought of doing the same ( selling out) but have decided to...
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Mkt cap ! $12.80M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 27320 | 6.7¢ |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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3 | 1066859 | 0.010 |
1 | 85000 | 0.006 |
1 | 2000000 | 0.005 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.020 | 40900 | 1 |
0.025 | 281493 | 1 |
0.029 | 344830 | 1 |
0.039 | 256420 | 1 |
0.048 | 208340 | 1 |
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