Good newsManagement is fulling their pockets, as well as their friends, with cheap shares and warrants.... and next week cheap options at the AGM. We have already seen insider sales reported this week and will see more reported. Sell shares obtained with .10 warrants at .12 and then rebuy at .10 with more warrants attached (as well as being flow through).
We will not see any results until AGM is done and financing closes. After that no reason for them to hold it down, delay results, only partial hole reported (what ever happened to the rest of that hole...lost at the lab), missing sequential holes in last results (more cores missing at the lab), etc. It was in managements best interest not to report too good of results before the AGM and the PP. Easy to sit on the cores that look too good, send them to the lab later.
People seem to think that the management of JR resourse companies are out to increase shareholder value, that is terribly wrong. They are in it to make money for themselves, they do not care about shareholders.
In the long term it is not good.....over the next two months there is money to be made here. Time to contact the company and see if I can get in on this PP.