RE: Can someone explain why in the pastBad OLD management. No production/discovery. Thus, loss of confidence in management...
1. Buy a co. with good properties.
2. Buy good management.
3. Buy if production/discovery(less so) is imminent (production = BIG BONUS) and not 'years away' fluff propaganda and management is competent.
All 3 = Trifecta !!!
Price will follow upwards with vote of confidence buying.
Production usually means no more share dilution (inflation of # of shares) since profit$ will 'self-fund' more exploration/production form other properties, etc... like investing for retirement... no more work (dilution) is required.
Hope this helps.
p.s. Constant updates (News) keeps investors 'in the loop' and confident of managements progress, thus not 'wondering' what's going on...'loss of confidence'.
Go UNB !!! Production = profit$$$ !!!