GREY:SLKEF - Post by User
Post by
millrighton Feb 12, 2008 3:06pm
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Post# 14360704
New Low?
New Low?With those drilling results, ISM could set a 52 week low. Will it be today?
wailer confided in one brilliant essay on technical analysis that lower lows and lower highs were not a good thing. Doesn't take a rocket scientist to figure that one out - that's hindsight. Maybe someone in this company should consider what's causing the continual decline. The uncertainty of cancelled AGM, confusing and delayed restructure and dividend, delays in ramping up drilling program, sporadic updates, no disclosure of plans for 43-101 disclosure, nonsensical NSR acquisition and contradictory explanations, etc.
It looks like the captain of this ship got off at the last port, and its now taking on water. My guess is the delay in the meeting had nothing to do with notice delivery problems. My guess is some of the larger holders are getting concerned with RM's failure to deliver. Could there be a mutiny on the good ship S.S. Inspiration?