RE:RE:Hanging on but this sector is getting crushed I too have gotten in and out of this stock but currently holding during this downturn.
Their management is top notch and you shouldn't have any problem reaching their IR guy by email as i've been able to do.
At this rate you could be right, it could touch $1.50 before we turn around.
It's a tough racket poking holes in the earth until you find something but these guys have a history of being able to do it.
Geowatch wrote: I bought this stock when they merged with North County. I sold on the way up as I didn't like the Committee Bay project. I thought and still do that going into Peru was the right thing. I have a big question mark on this management after raising like $50 million and having results like 12 m of 4.7 g/t Au. This will not make it up north. The only hope are the Peruvian properties. Only the Sombrero property interests me as the other has been drilled.
I see them having like $3 million the bank at the end of year trading around a $1.50. They will have to raise another $30 million for next year's exploration.
Looking to jump in again after I see some progress in Peru and see all their results in the north. January is a good time to meet management at the conferences. Unfortunately I tried few times and their CEO was never there! Not good.