RE:why not closing today at .09-.010Not much has changed. The $2m is already allocated - to accounts payable, to keep the insiders fees flowing for a few more months and for some limited drilling.
The drilling seems to be some time off, certainly not imminent. The promotion is back on. We saw two (or was it really just one) new stock promoters sign up here over the weekend but have since vanished after I outed them. Today's news is insignificant. They have chosen drill targets. An recent NR was to say they had chosen a drilling contractor. Any idiot would assume that without a NR so you can read that as being part of the promo.
That's the good news. They are promoting the stock with the culmination being actual drilling. The down side is that there are a lot of shares in the hands of "Anonymous" speculators. As this stock crashed over the past 2 years, trading was largely amongst Anonymous people. The retail speculators were not in the mix. This week they are with Anonymous dominating the sell side.
So I'm hanging in there and letting the promo push against the resistance of Anonymous sellers. I think we will win up to the time of actual drilling. After that ?????