No news?The last news release of any significance was the Feb 3rd, 2011 ........... NR regarding Arizaro drill results and those drill results are really only significant if the followup drill results prove to indicate the existence of a feeder zone of gold/copper.
A news vacuum and a very nervous market are a strong recipe for any junior company to have their SP move downwards. I am not looking for excuses, just trying to think of reasons why we are in the $1.35 range. (OUCH!!)
Disappointed in the SP? Heck yes I am,..................... very frustrated wouldn't even begin to express my current situation/frame of mind.
Are we going to get out of this in great shape? Yes, absolutely yes, the happy ending will eventually be had and I would STRONGLY suggest that there are a number of SIGNIFICANT NR's just around the corner. It is a published fact that the announcement of the MP is imminent and looking at my calendar the latest Arizaro drill results are certainly due.
Don't forget.................The Leasks pulled off the White Knight takeover ................. I'd rather have a couple of fellas that have "been there, done that" steering our ship rather than a couple raw rookies that many other juniors have.
The European situation appears to be moving forward towards a resolution. Although I think the entire bailout scenario will eventually cause far greater problems down the road (inflation ..... hyperinflation), getting this fear on the back burner will be a very positive development ..................... a monkey off our back.
I would describe the fear and the media's attention to Greece,(Europe) etc as ................ There are too many known unknowns and we need the unknowns to go away or a least go into hiding.
Greed is a natural human instinct in many individuals, especially in the business/investor community. I predict that the Leasks will be shown to have a game plan by bringing in the right institutional players to mop up this mess and take us to the big takeover dance.
Staytuned and keep the faith ladies. Congrats to those that got their stink bids filled, I wish I could scrape up some $$$ and join you but not right now. However, I can absolutely promise that I am staying true to my name ........... I truly am StayingLong.
Cheers, (I usually don't write this much), your bud, SL