RE: sorry for the neg sentiment latelyI've given a lot of thought to this "no news" phenomen that inevitably causes the share price to drift lower, here are my thoughts:
1. the seasonality of the far north means that explorers like DDN will only be reporting ACTUAL results from maybe mid-summer to late fall
2. obviously what's left news-wise are releases outlining plans, JV partnerships, financials, financings, warrants, etc. - aside from a JV announcement, this kind of news isn't going to drive the stock price very much.
3. the company probably needs to stagger their releases, maybe 1 a month or so, or you're going to have a big gap when it appears nothing is happening.
But just because there has been no news for weeks doesn't mean nothing is happening - it's likely the opposite - mgmt is busy actually running the company. Alot of investors (myself included in the past) seem to interpret lulls between news negatively, esp. on these boards, and weak hands start dumping, and hestitant potential investors hold back on buying until "news" happens, then the share price is run down.
Either you believe in the company's prospects or you don't. We were all exited last fall on the preliminary gold results, and the share price was bid up into the mid-30's - well that gold is still there, and this summer is when it will be outlined, so nothing has changed, so why are we down to 24cents? What was Mark supposed to do, drill in January thru 20meters of pack-ice?
EVERY ONE WANTS INSTANT GRATIFICATION THESE DAYS. I bet very few day-traders out there actually hold on to any positions over-night. They want to score a 10-bagger every trading day, and cash out immediately. Hence the extreme volitility in most markets these days.
Nothing has changed IMO. The company is in a much better position than they were just 6 months ago. The impatient can bail if they want. I'm picking up cheap shares in the meantime.