Hard to Pull the Trigger on Buying more!
i'm of the thought that the price of TPN will be no less than .50 cents by January 31st - how could it? Having said that my/our confidence has been diminished over the past several weeks.
The one thought I have in the back of mind - it was about three weeks ago - an article was posted on this bullboard out of Kenya - that indicated locals had sought an injunction through the courts to stop Taipan from proceeding.
It took one call to Joel (management) - and they indicated not only was this old news, that it had been resolved and they had turned what could have been a negative into a positive by employing these very same individuals. We also learned through this call that a great deal of work had been and was in the process of being completed in anticipation of the Rig arrival and spudding.
I think my point is this Management Team has a vision of where they want to be - how many opportunities they would like to have (which then would assure success) - and they are going to execute the plan.
I'm not going to add to my position at this time because I have more than enough shares - I'm also not going to react out of fear - because as disappointed as I am in the share price - this Management Team has delivered where other explorers have failed - e.g. paid drills - capital raises - and they are heavily invested themselves.
GLTA -
I am interested in whom the individual or company is that holds the 19 million in warrants - one thing for sure - this entity would have considerably more information than any of us (that is just a fact of life) and whomever it is has not sold at great opportunities over the past year - I take some confidence in that (might be naive on my part)