RE: PP price .25-.30 would have indeed been fairly easy to pull off if the timing had been right. Would have benefited us investors who cant get into the PP with less dilution thats for sure. That being said if insiders end up taking a large chunk of the action its in their benefit to have it slightly lower as they accumulate more shares.
Regardless it took a while to get this news out....they were in blackout for a while obviously due to the NR regarding Visible Gold but this release coming out in a timely manner after the results could have supported the price at .40 probably.
Anyways it affords the rest of us a chance to load up some more shares.
If we start getting a good stream of news and results, I have a feeling we're going to be moving. Fully diluted we should still top out under 40 million and I dont think its going to be hard for this stock to go to $2. Some good intervals with good grades.....maybe even some credit metals in there will all help. A 100 million dollar market cap is $2.50...thats an amazing return on your money.
Dont forget we have 8km of land...and there was a lot of pits they were digging for gold in before they abandoned the property.
Comparisons to the Carlin trend should not be taken lightly.
Lets hope this puppy flys.
Rogue,