NR like tossing a bone to the Dog!I have taken the view most of the new money has seen or been told information that we don't have. This makes a degree of sense to me when you assume that no one invests that kind of money in a Venture company with out damned good reason to expect a solid return.
Large part of my logic for staying the course. There are obviously places where you might find more leverage.
Now the problem is that we all expect to see these drill results promptly now the placement is closed. There have been a number of drills on the property since last Summer but still very little in the way of results to show. Did they or didn't they drill on the disputed land? Now that the dispute is settled lets have the results if in fact they did drill. If not were the drills idle or what exactly were they doing?
Why are we still getting dribs and drabs almost a week after the placement has closed? No update on the TSX listing, and no news on the Ethiopia spin off.
This NR although positive is of minor significance. It is not a deal maker either way. Low grade tonnage but close to surface. Insignificant to the overall project to date in the scope that was reported.
So Canaco it's time to give the rest of us the goods you sold to the Institutional investors. Give us some idea of what is being done and when we can expect to see results.
JMHO
A
NR like tossing a bone to the Dog!