GREY:TWNNF - Post by User
Post by
mnorth1on Mar 15, 2011 12:25pm
172 Views
Post# 18287619
The Facts Say It All
The Facts Say It AllThere is something that doesn't lie and that is the price of a stock. I had commented on the sense I was getting that this board was full of stock promoters pumping up this stock. I was attacked by some of those promoters when I predicted this stock would crash. It is now crashing and where are those promoters...somewhere on a beach counting the money they made from sellng there stock at $5 and you're counting how much you've lost since it's dropped to $3.7ish.
As long as this company appears to rely on old-style promoters and engineers and appears to ignore the necessary share-value appreciation programs that one usually finds on serious gold companies they will remain a non-player in my mind.
Question now is how far will the stock drop before management decides to do something about it by hiring someone to develop share value. Or perhaps they've already made their money and now they're planning to milk their pot-of-gold.
I don't know the answers to these questions, but time will give evidence as to what the truth is.