RE: RE: RE: RE: RE: RE: RE: This Could be really gOk ..
yes the stock hit .44 a few months ago due to anticipation of what was to come.... yes people are selling because they are impatient ... but do you think this has changed any of the fundamentals of the company?
I agree this company has been more about trading securities rather than exploration over the past couple of years, and they have done very well in that respect... looking at SFF and PMX ......
In my opinion , this accounts for the lack of investor interest, people want quick cash accumulation not slow and steady...... people looking to make a turnover look for the excitement and anticipation of drill programs. The fact their coffers are now bulging .. again 7 million IN CASH , (not in securities,,, and not used up paying salaries as you imply)
indicates in a VERY strong way that this trend WILL change .... especially considering the gold/commodities market as a whole today...
Mgmt already indicated they are looking for a property in ADVANCED stage ... i personally have no problem waiting,... what is the downside?
.. I bought the majority of my position back at .12 because the stock was fundamentally undervalued .. maybe this is why i can see it from a value based perspective... i guess it depends on your timeline but to me this one is a no brainer especially below the .20 mark.... thats why i think .10 is dreaming... smart money will simply keep accumulating
Maybe im wrong .. time will tell