News ReleaseThe property was staked late 2016 and 2017. If it had a lot of potential you would think this would have been staked along time ago. I usually call these moose pastures but moose don't like in Nunavut so I will call this a Cariboo pasture. I have mostley given up on these resource plays. Most miss and if they do find something it take years to prove up commercially. And it takes hundreds of millions to go into production. I was hoping they would go in a different direction.
The real dissappointment with this is the 2 for 1 consolidation. I think there is only about 10 million shares outstanding so no real need to consolidate. The large investors and directors have been dumping this stock for the past year and now I know why. They new the considation was coming so why not dump and take part in the financing. At least that is the way it looks to me.
Can't get to excited about this one.