Kranky, I will try to clearly explain why yesterdays release has me concerned.
I have seen it written here more than once that management bemoans the fact that there is no share price appreciation no matter how many gooc announcements they produce.
So it seems the market wants to see the money shot before believing what the company writes. Therefore if I was going to use a headline with ABUNDANT gold in it I would go to the boys and get them to round up enough pieces with visible gold and say 'hey, we sorted through approx x m3 of mined material and here is all the visible gold leading me to declare abundancy!' I well remember the pieces Nick had in the office at the investor day, they made yesterdays photo look pretty puny in comparison. They led you to believe the gold was....abundant!
I am not a bitter ex holder, as previously explained( my options 39 bagged!), I dont wish them to fail as I am a shareholder. I dont want others to be mislead by overly optimistic posts.
This, as previously stated, imo,this is the last roll of the dice as raising any significant cash at these levels is both problematic and incredibly dilutionary for holders.
So I hope I'm wrong but I honestly dont think so.