PILGRIM wrote: First Mestrallet bought at 0.05 and second why buying higher if you can buy that cheap.
Let's buy all what is hanging at 0.05 it will clean up weak hands.
The fundamentals remain excellent and each day Abcourt digs new galleries in Elder to open future projects without going into debt of a single cent. Sleeping Giant is expensive to develop but will end up back into production sometime.
Think about trees gentlemen. when the light is lacking they make roots so that as soon as the conditions become favorable they can grow in an accelerated way.
In the exchanges that we read on this blog 2 conceptions of the stock market collide.
For some people it does not matter to them that a company has potential and there is nothing better than buying to sell quickly with a small profit.
So I under I know know stand they are frustrated.
The others, of which I am, know that operating a company is not a lottery and that the success is often long in coming but always comes if the fundamentals are good, if the debt is mastered, if the investments needed are made on time.
We can criticize the communication of Mr Hinse because it is true that it is very minimalist but we can not deny him to follow a course that has led Abcourt so far to a positive cash flow, the renewal of its resources, the acquisition of Sleeping Giant, etc..
Then For me for sure I would be delighted when the share price will grow up but 0.05 is an excellent price to continue to accumulate stocks and I'm in no hurry to see it exploding upward because as long as it remains so low I'm doing great business at the purchase.