RE:No Drilling Cue
I think they drill this time! That said, it is the first holes punched so it is a real lottery ticket. All development stage companies are lottery tickets but this one even more so given so many shares out on a property that have not been hit with a drill bit yet. They are behind the curve so need to hit a big hole!...The other hold back is that not only is their almost 150 million shares out already but there is about 70 million options and warrants. That said, you can likely throw out about 20 million of them that are priced in the 20's. At this price you could throw some coffee and donut money at her........ ie an Amigo salary for a year! Another problem right now is the timing, Junior precious metal shares had a massive run now most of them have been cut in half again unless they actually have a resource of some kind! Might not be a bad time to get back in to some of them! Really good time to be flipping stuff. Everytime there is a bump in the market or GP many of these stocks have a short run like 10-20%. Heck I bought and sold one of them 3 times in about a week. Yep I know the Amigos would say why would you sell for a few penny's that is because they do not buy enough and do not understand the power of compounding. A 20% profit in a week is over is like 1,000 percent gain compounded for the year.