InsidersGoldex - so you called the company and the insiders said they are putting thier own money into the Company and yet when you check Sedi none of the insiders of this company has purchased a single share in the last 12 months that has been reported. So are they loaning money to the Company directly because they can't raise it in the public markets or are they floating loans which are interest bearing or just gifting money???? Does any of this show up in the financials - I haven't checked but will. Smacks a little bit of desparation or games in my experience
I also spoke to Mr. Walker, nice kid but absolutely no public market savvy and had to make about a dozen calls before I finally got through to him - not a great way to run a pubco - "Mr. Walker is not available is not an acceptable answer" hope your listening Trevor. Running a successful private company is a far cry from running a public one.
I will cross my fingers for you all that they get lucky with their deep drill program because the scatter gun approach to the last few drill programs suggests they don't have a clue what they are working on and just hoping to get lucky by drilling enough holes - that can and does happen from time to time.
I think the more important question you have to ask yourselves is if this management team does get a good hit can they get value for it. So far, despite some earlier positive results the answer would be in doubt.
Again I wish them well on their current drill campaign, they are betting what's left of the Company on it as it would be difficult to recover with the current asset basket if they strike out (although the little market rumbles lately might suggest they won't go down on three straight strikes).
A hit or two next door though would definitely help
Anybody have any idea why they haven't dealt of their rare-earth project. I can't imagine they have the capacity to do anything with it and there is a market for projects in that field lately - wink, wink, nudge, nudge Trevor.