RE: Very confused on the valuation here!!"but I will say that I'm pleased with the work that Mark Moribito is doing and the way he continues to prudently position his resources in the drilling program(s) now in place."
The longer the wait, the larger the pop. It will come out ( one day )
and the more drilling results included the bigger the jump. But the most important part, is the pop would be sustained. Nothing like the earlier rise to 4 and it's rapid decay. A nice, strong, 43-101 will keep the investor's mind hungry. And are share price strong. This stock is at tender moment, any negative presumptions could seriously hinder the stock price. This crippling effect would be not in the shareholder's best interests.
For what it is worth, I think the management would love to have released it in January knowing full well it would have been weak.Not that the management cares much for the retail investor ( you and me!) Feels like someone talked them out of it but now the report has fallen thru the cracks because of the slow labs tests, the extra drilling,etc.
I bought a tv set about 2 years ago. I hummed and hawed but each time I did the price drop a further fifty bucks. If management waits until September or October for it's release, when the market is salivating, I think we will all stop complaining and start shopping for new cars and homes.
Underpowered by
2batteries.