bashers losing credibilityBoy, is that the best you guys can do? Tell us to look at the chart. Is it not clear that the entire sector has gotten annihalated in the past four months, and that any company that did anything wrong at all got hit the hardest?
Yeah, SDRG had the E because their accountants had trouble getting their hands around the Chinese accoumting (which was completely new to them, as the deal to buy the initial 60% interest in Sino Top closed in mid-November). And, of course, given the poor market it got slammed hard, accelerated by the slew of $0.10 144a stock that got sold as a result (got to be done or nearly done now).
Meanwhile, reports regarding the properties have been amazing and the company has really done a phenomenal job in building its management team. Plus, the 10Q was filed a week early DESPITE the new comptroller not coming on board until mid-July.
So when I see bashers say "its all hype" I have to snicker, especially as it is clear the company has turned the corner operationally and the PM market is on the cusp of a major upleg (likely the biggest yet), and people are selling the shares of companies with good assets at valuations assuming bankruptcy.
LOL.
yoyo