RE: Here's Goldbuyer's Opinion on latest NR .Thank you Goldbuyer.
I have been following your posts for quite some time now and do respect your opinions on this company. However, in this case, I'm not buying this one. I can appreciate that every want-to-be gold producer needs cash for their developing operation. But I also believe that this company has an obligation to its shareholders to provide more information. They were supposed to see revenues from their gold shipment to Kinross back in November. We have heard nothing of that development since. And now, they come up from under looking for another financing. I believe their financing is warranted but they need to explain what is happening with their supposed income from Kinross first. IMO
I believe in this company but for the life of me, I don't know why. I lost a lot of money in CGW a couple of years ago on the belief that if Abby was investing so much, there must be something in Dolly Varton. Watched that fizzle and took a s***kicking. I am hoping that this time around will be different but they've got to tell us something more than they have about what is going on with the shipment. Frankly, I don't see why anyone will buy up the PP with the limited information they have provided.