RE: RE: RE: RE: Is this a joke? bottom line is ... they need funding to develop new processing plant.
cost is $100MM.
to raise $100MM @ $0.25/share, they need to sell 400MM shares
but mgmt is trying to release positive PRs in hopes that it'll catch the attention of investors and
trigger a share feeding frenzy. since no one is selling @ $0.25, the price will go up.
and when the price is up, this is when they'll get their funding.
but does'nt this looking a chicken n egg scenario???
i don't understand why mr John K does not cough up some from his own kitty...
he has made tonns of money with petro kazak sale. he started that with $40MM and sold it for $400MM.
unless mgmt leads the why, i don't see others buying in to ALH.
also, i agree that ALH is UNKNOWN entity, other than the poor ppl who've been burnt @ >$1
they need to make a show case, maybe change the name...
they are a GOLD producer... why still have an exploration conitation with Alham. "Resources"
change it to Alham GOLD or something.
whatever gets the attention of ppl.
2013 PDAC is coming up in Feb or Mar...
they should do it before then, IMO.