RE: RE: RE: the future share price-fairchijGosh! I do think you are trending down a path that may lead to even more losses. If I remember ( and I may stand corrected) you were also buying after the famous Oct 26th results release at prices in the 60's and 70's and saying the stock was oversold then. I do not have the same belief you still have in this Red Cliff project simply because of the way management has presented themselves.
If I have learned one thing in junior exploration stocks it is that there is another one around the corner, if one is patient, that may have much better possibilities i.e. be very careful following a stock down because very very few have the ability to do a credible rebound. There has been so much drilling by junior companies over the last few years that we will inevitably get real results from some companies that may turn out to be very promising.
Would I consider getting more at lower prices ..... Yes! However, only with a view to recouping some losses. I have bought and sold a number of times, some with nice gains but overall mostly losses. Fair enough! I was willing to pay to see results and it did not pay off.
Six holes (with good grades) in very close proximity does not constitute a good gold exploration play. I certainly beg to differ on your view point there. Institutions will get be attracted to a junior that delivers no more than that!
In fact what credible institution is following this play right now? Do you know of one? If DEC had something credible to offer at this stage of the project the institutions would be all over it.