No Jed Clampett HereBefore you go getting all in a dither about other juniors and how they are trading in the $$$ with properties in the same area you have to research one very important thing.
David B.
True a very smart individual by the books. Master Degree in Geology. Nice all round guy. BUT!
In his career of kicking rocks he has never been able to hit the mother load. A good example is Duran Ventures. He put a lot of holes into the ground on mineralized properties but never found what was there. Spends good money after bad, and is a land junky extraordinaire. Look at the last three Year End Financials and what he took out of the company in compensation. An awful lot of money was spent over these years with no results and very little work. Then compare these financials with those companies that you seem to want to compare Shoreham with.
End result is this is a crap shoot. Personally I like it as a buy but I have spent a lot of money over the years buying stocks and made some and lost some. Most likely a good mutual fund would have been better off but then I would not have had any fun doing it. Long on this company and got my fingers crossed but far from ready to hold my breath for DB to get things done.
Now on the other hand if this company got their stock up to the 55/60 cent range and forced that $3Million in warrants and then had some major like a Newmont, Gold Corp., or a Teck come in with them, well the story would change dramatically. GLTA