Technically, another dip is comingLooking at the chart, the all time low support got broken (39cents) and the descending line now is showing a new level of 38.5cents on the day close. Which means that a lower # is coming. Also, there is lower lows and lower highs. This P.O.S. cannot even sustain 40 cent level anymore. The biggest problem is that the investors have lost all trust of news disseminated by the company. When you cannot take news at its face value, it creates unceratinty and you cannot make an investment decision based on that. Who knows if they even have any gold reserves, who knows if they have the cash they speak about. Investors remember horror stories like bre-x and at that point there is no way to value anything. This can go to ZERO, and I won't be surprised !!
At this point, I do not believe any #s or info coming from the company. There prior news releases prove that.
Good Luck, if you are long on this, you will need it !!. I am out of this, for good !!
Ciao.
LOLOLOLOL !!