RE: Would Woods Say Bottomed Yet ?
Monkey, I can't believe we are even having this discussion - Have webottomed yet. I have absolutely no idea if we have or not.
We have been at this price a number of times in the last couple ofyears. One would have thought we would have progressed to a point wherethis stock price would have long passed these pathetic ranges. I am notsurprised we are where we are though, especially when we now hear ofmajor shareholders cashing in over the past couple of months, even if itis to raise money to buy back the shares at lower prices. Good forthose people though, but horrible for the common folk who held onloyally, and has taken a hair cut at their expense. These are the samepeople who the small retailer look up to for providing stability andleadership if you will. Too bad we didn't get a heads up this was goingon before now. I wonder how many of us retailers would have hung on toour shares if we knew this was taking place? I kind of thought somethingwas wrong back then, but with everyone singing cumbya, I dismissed it.Hind sight is all 20/20 I guess, but my gut instinct was correct. I seenit in the technical chart, but my brain said to stay loyal and hang inthere. Man, I could have many more shares now, just like those big boyswho cashed in.
Furthermore, If all we can muster up in these drill results are a meager1gpt, I'm afraid we are going to be sitting at these prices a very longtime. The market speaks loud and clear about that. Results likeyesterday are not that impressive, especially when the market has beenprimed for bigger things from this company. If this were the first timedrilling was done on our properties, yes, I would say this isimpressive, but after years of drilling and still only coming up with1gpt, it will be a wait and see scenario for the time being. I mean,when every man and his dog have been pumping this property as the HolyGrail, and then we release 1gpt drill results, one shouldn't besurprised the market has snuffed it's nose and not given us a premiumtoday. This is an average drill result for any junior out there. We needmultiple gpt's to spark market interest and give us a premium.
I know you don't want to hear these points Monkey, but it is what it is.Perhaps one day we will be a mine. Who can tell for sure? There aremany factors that determine the economics of a mine. It's not just amatter of finding gold over a 30km area. There's more to it then that.
Anyway, here we are. I say, if we can maintain these price levels weshould be quite happy. I may be missing something here, but I can't helpbut wonder why the market is not impressed with this company and it'sresults thus far. That's the million dollar question?