RE: mine gold to develop copperFirst of all Blue, we can only hope that current management does not do a financing to start a producing mine. History shows they are incapable of marketing the assets developed to date, and hence will do a financing "wherever" the market is. An open invitation for another lower financing.
Secondly, you have to ask yourself, is Staylorpi the only genius accumulating ASD. Is this not a public company? Are the results of the last two years of drilling a secret? Has Lundin lost all credibility in the market place because of ASD? It's not that the market doesn't have the information, so what's the problem?
One can only come to a few conclusions, either this management has no market credibility, or the results to date warrant an ever declining stock price as they continue to dilute the stock. With independent engineering reports available to anyone in the market it doesn't take a rocket scientist to come up with a value based on results to date.
As usual, the pattern of the stock being under pressure every time there is a new release continues. Strange but true!