RE: RE: the next report will be the big one... denmack, we all want the sp to go up. the institutions with pro desks are running this show and a string of positive posts on stockhouse won't change that. Sorry to have to break that to you.
Well, it was great to see the report out yesterday and the oz reported are plenty enough to draw a line under the price declines...(positive, positive)
...but only if management makes the announcement the institutions currently standing on the sidelines are waiting for...PRODUCTION.
where's the statement from management saying, "sure, we're happy with the first report, but it's pretty clear the market thinks we're gonna have to raise more finance to prove up the resource and that'll mean diluting existing shareholders again. So that's exactly what we're not gonna do. We're gonna focus all our remaining cash and expertise on a rolling start to production and we're gonna share some of the gold with our loyal shareholders. So there you go Mr Market...how'd you like them apples?"
If they did that and show'd a credible plan, sp would be north of 40c in a blink. Warrants exercised. More cash. Gold-backed financing. More drilling. The whole kit and caboodle becomes possible.
agm is coming and you have a voice.
sjm