My 2 centsOk it is clear that you guys wont agree on anything and will argue even if you do agree. So keep it to your inboxes if that is the case. Clearly Sierra is not 100% negative, as he expects an 80cent stock in the next 3-6 months. He is just upset at things. Maybe on some issues he has a right, and others it's just him being poopie. Fair enough.
The presentation still showed them hoping to drill in Nevada by year end. If there is snow and they cannot drill at all, then those statements are blatant lies. I would therefore hope that there is no snow and the conditions for drilling exist. Otherwise the company is leading people on. After getting into trouble from the OSC and changing the presentation as a result, I would be left to assume that they would not knowingly lie in the updated presentation.
They did say results would be out shortly, in the Oct 24 news release. However, it is pretty hard to blame management when the delay is at the lab. Once they hand it over to the lab, they no longer have control until the lab releases the results. So lets hold management accountable where they are responsible and not for things where they have no control.
Same goes in Nevada. If they are waiting for a drill and a permit and have been actively pursuing both, then it is pretty hard to blame management. I am sure they would have been happy to start drilling a while back. But without a drill it is pretty hard to do so.
I am not sure about all of the AGM hype. Unless news of significance is released this week, I dont think the AGM will have any effect on the share price. Perhaps for a keen investor who is going to attend and have some questions answered it will be interesting. But i dont personally believe that an AGM is going to send the stock to all time highs, unless they have something new to share with everyone. And if they did they would likely release that news a day or two before the AGM and not on a Friday afternoon. Unless of course it is less than positive news.