RE: A new low for this POSYup,looks suspicious to me too. The brokerage houses are run by low life,scumbag thieves who can short a penny stock while regular investors cannot. They make money whether the stock goes up or down, very discouraging. I sure hope the moly assays are good. When I emailed Marc in mid May he said news would be out in 3 to 6 weeks. I emailed him again last week and below is his reply:Looks like it will be another 2-5 weeks now. I hope the wait is worth it boys..
Dear xxxx,
Yes,it has been a very difficult and trying few months as the Junior Explorationcompanies are being shunned by investors. We've had some of our momentum andwind from our sails sucked out of us because of the drill result delays lastyear and hopefully all that will be behind us now.
We areexpecting drill results from our underground drill program (drilled this year)in about 2-5 weeks. The underground drilling was targetting the molybdenum andtungsten and I believe the market (investors) are looking forward to seeing whatwe've got. At least, that is the sentiment we got from talking to brokers andanalysts last month while in Toronto.
Meanwhile, we have engaged a new Investor Relations firm RenmarkFinancial to reach a new audience of investment brokers. We will be exhibitingat the Cambridge Gold Show this weekend and will have our Annual General Meetingon June 24th. Art Troup , our President and CEO is currently up at theproperties finalizing our next exploration program. In addition to continuedwork on the Jersey Emerald, we are also going to do more exploration work on theKena Gold Property. With gold at $900/oz, we are seeing renued interest in thisproperty and the potential for a large deposit is definitelythere.
Willtry to keep you posted of events and please feel free to contact me any time.We appreciate your patience and support in Sultan Minerals.
Regards,
MarcLee
Corporate Communications
SultanMinerals
1-888-267-1400