RE:RE:RE:RE:HOW NEXT WEEK WILL PLAY OUTT, I agree that closing at .05 after an avalanche of selling is a good sign. It shows a lot of resilience.
Permit me to inject a little perspective into yesterday's debacle. The dollar volume of shares sold was around half a million dollars. $500,000. In stock market terms this is a pittance.
The lack of information leads to tea leaf reading and conspiracy theories. While I love the tea leaf reading by people who seem to know what they are talking about, we would all like to see an NR so that we can read the new tea leaves. As for the dark theories, well anything can happen but when you buy a stock you are forced to have some kind of trust in management. At least you have to trust that they won't do anything that will send them to jail.
How to explain yesterday's volume? Many times people are forced to sell an asset cheap, knowing they are selling cheap. Circumstances sometimes dictate action, even though you know it might not be the right time to sell.
We still have a mill that would cost $100,000,000 to replace, cash and gold in the bank, hundred of thousands of ounces of gold in the ground, millions in tax credits, and a gold price that is bound to go up. The market cap is around $18,000,000. At 5 cents the stock is grossly undervalued. What am I missing?