Regcourt Fizzled Out?Is Regcourt now an disappointng property? It was touted as being almost a sure thing for a mine and Robin Dow claimed to be "very excited" about it.
But, reading between the lines it seems to me that the delay in disclosing assays is probably because they are disappointing. They probably intersected the mineralized zones that we already knew about and they may well promote those assays when news is finally released.
Anyway, the results will be no fault of management. It seems they are now shifting focus on to Plan B, the Red Ore project. Let's hope that generates some interest.
As is evident from the trading data, there is still a wall of resistance around .15 that will be hard to penentrate. I think GAX needs to trade around these prices for many weeks in order to erode the will of those speculators who have the warrants ready to cash in ... and it will still take quite a promo to get the price up. I think it will happen ... eventually.