Terraco Gold Corporation TCEGF

RE:RE:RE:Two corrections.....

[2investorknot]

I appreciate your (and Fullplate's) optimism and willingness to pick up some shares from time to time.  I have to say I side with the CEO Todd Hilditch's reluctance to buy any more shares (who stopped buying shares late last year).  To buy any more shares of a company who basically could continue to not provide any news for 2 more years is not an attractive prospect.  x% NSR of a project that lays dormant doesn't yield anything which of course is why we are priced where we are today.  Waterton has no incentive to raise our share price through a release of any information.   Its a waiting game and we are betting that we don't have to sell Alamden or dilute our shares through future private placements to cover our expenses (especially when they continue to carry expenses like 2 offices just to monitor things, perhaps be paying Paul Zink to act as a consultant etc. etc.).

I hope things turn around for Terraco but there is really no factual information that I can point to that justifies it except that as time moves on, you would think we would be closer to something happening.