RE:Could not be any worseIcarusonfire wrote:
TXr. You respectfully asked for us to notify the board if we bought or sold. I sold 1/3 of my position last December, after I lost confidence when the last horrible release came out. I'll sell another 1/3 today if I can get an execute. That leaves me with 17,000 shares.
I'll also keep my Kairos and DeGrey. I'll sell the ARV as soon as I get back to breakeven (if ever).
Icarus
I did not get filled on my sales so I'm still around. I Put in my sell orders prior to the open at $4.20us and $4.00us. A 20% drop from yesterday's close. I NEVER considered that we would look at a 40% drop at the open. I still own those shares and will now have to come up with a new strategy to sell.
I'm still livid over the release. We need volume of gold (gpt), length, width and depth to figure out what we have. WE GOT NONE OF THAT TODAY! Or over the last 10 months. One lousy trench with one meter's worth of dirt defines NOTHING. And by the way all you optimists looking forward to 60 assays in the next two months......That's only Four holes if you go16 meters deep....over an area the size of Connecticut!!!!
This NR not only told us nothing about what we have today, but it told us that we will still have nothing 10 years from now. The Ping Pong from Purdy's to Comet and back to Purdy's with NO PURDY'S RESULTS disclosed. Unbelievable!
NO information on all the drilling down towards the basin. Unbelievable!
No information on the depth of the conglomerates deliniated by the drill holes. Unbelievable!
ONLY two samples from the same pit, over six months? Unbelievable!
No explanation as to why the samples are less and less aurific with time. Unbelievable!
NO updates on Beaton's Creek. No strategy updates there. Unbelievable!
No strategy on the way forward. Trial mining? Milling? Mining? The next step? Unbelievable.
No explanation on why the precipitation theory (what this whole thing was initially based on) was thrown in the trash heep, never to be heard from again. Unbelievable!
Consistantly getting conflicting data from IR. Yes a release. No a release. Seems that in order to get accurate information, you need to call them??????? WTF? Totally unacceptable (and illegal!)
This baby only has hope and a dream...it has no hard data. We don't know where we are or where we are going..and we NEVER hear from the CEO? Does he do anything?
Houston we have a problem, Third turd of a NR in a row for me. Three strikes and you are out. Or I am out. Start throwing the grenades my friends. I've taken heat before and crashed and burned. Good Luck to you all in the long and painful future. And wish me luck getting out at a decent price. Like Moriority said..I joined the "I no longer want to hold this stock" group.
Too much risk for me now........Too many red flags. Too many unanswered questions.
It's a very uncomfortable separation for me. I was married to this stock and the entire idea. This Divorce for me is especially painful..but in my case it is now especially necessary.
Icarus