RE: Are they just wasting time and money?Scott:
If you feel that this is a scam, then you should bail out now
instead of waiting a few more months.
I am in this stock for a LONG term. After reviewing all the
reports, and evaluating the prospects, I have started to
accumulate about 3 months ago; my gut tells me this is a
wothwhile "gamble".
The management owns a big chunk; they CONSOLIDATED the entire
area into one entity; the old mine is there; the drill holes
indicate that the gold is there; and as the saying goes:"If you
want to find gold, dig under the old mine."
The management is smart enough NOT to to dilute the share structure
by another PP at these ridiculously low share prices.
As I have said, I have been buying lately, and now have over 400K shares...I may buy some more if my other PM investments in this
scenario mature.
Like I said before, I will keep this stock for at least 2-3 years,
and see what happens. Even if this baby goes down to zero, my
lifestile will not change...but my feeling is that eventually this
will be a BIG winner.
IMHO
Audi.