RE:RE: Many people tired of the Bull
- they raised about 1.5 million buying their own warrents, as of Sept 30 ( 6 weekes ago ) they had 10 million , they are fine for over a year or more
- Take out would be difficult, only ABX or OCG could do it, and they would need to agree, with the principles,
- the 293 million shares is getting up there, but GSV is at 245 these numbers are not uncommon
there are 16 million and 7 million in warrents and options, but they most likly need to be above 30 cents to make these worth being purchased.
Over all the real weekness here hasnt been the drills or work, its completly been on NUG lack of gettting their story out, they were very agressive for a year, and the market is acting like this is finished deal rather one that is really just getting started, and managment need to address why the market is acting that way, its not the results of their drills its because the marker never full understood what they were or mean or were doing, they have never recoverd from those first 7 drills in june, that were so poorly dropped on the market in the most careless way, The attitude of managment was, well its just drills, but contray to what they think its not intutional investors that will drive this price, its jack and jill and mom and pop retail investors that move the price, so when haphazzard resutls are droped they panic, paticulary when your not telling the story.