RE: next wavekarl it is my opinion you are a tad soure of the mgt and lack of punctual and informative news. I agree with you, If that is the senerio.It is my opinion, The Mgt is clearly weaker than I would like. If it was not for alan mathews I would not risk a penny inn this company. Having said that " the better the project the more incompetence it can handle". The properties are very decent and have a solid chance of being company makers especially the Jales.
The wall at 40 cents is just more friends of the insiders exercising 15 cent options and selling their 30.cent PP stock. What a great prifit 33% cash profit all their money back from the original .30 investment and they still have the same amount of stock through their warrants. At .37 for FREE
If Lori and friends are selling their stock to reload with a warrant again that would be a bitter pill to accept. I am hopeful she is attempting to drive the market higher to get the .37 warrants exercised so that St. Elias can continue to work both properties. Then you will only be at about 70 million shares outstanding and will not need funding until late summer.
This will be good news to both Sli and Krd because In KRD case they will stay at 11.5 million shares outstanding.
There will be an anouncement that the drills will start in Portugal shortly . Lets hope we get some loose tonnage figures and estimated value Up up and away KRD and of course our partner sli. regards all Jim Andrews