Works going on Interesting works going on on the Red Mountain property. Am just wondering when and if the stock price will finally demonstrate some appreciation. Mr Rassmuss owns about 20MM shares so he can make money only if the stock price moves up. As he put about 7MM of his own money in the compagny, that means 0.35 for each one of his share. And at this price he would just have his money back without interest. Being in a very risky business I suppose 0.50 would be a nice price for him and all the shareholders. But even at that price, how can he sell his shares? The stock trades very rarely. So he should interest some groups or institutions to unload part of his holdings or ask them to participate in some future financings.
SB