Moving upNothing new is happening,unless the price of Gold goes much higher this year $ 0.29 will be the high for this year.
London reached it's target of 18 pence according to stockcharts.com.
Read the June presentation on the Companies website.No increase in their guidence going forward.
The biggest sharehold sold down to hold 9.9% which means he doesn't has to report any future sales.Nothing going to happen in Columbia either.The way I see it is ,they will be totally debt free by
February 2017,if the price of Gold stays up,in a couple of years they will have some cash accumulated and at that point you may see someone make a bid to buy them out.Mangement is not interested to do any gambling.I have advised them now for more then 3 years to do some hedging,mainly selling call options forward against production,I call it ringing the cash register.They would have made Millions,no response what so ever.I even went to attend one shareholder meeting.met management in person,all advice falling on deaf ears.I am a fairly large shareholder and my cost is about $ 1.00,been a holder now for a very long time.