RE:Very good conference callOf course they talk well, promoters are gifted with that tool, but that skill neither changes the financial math nor the decreasing 'reserves' at New Asston...
FYI there was a short blurb on the local radio CBC this AM Feb 14 that they have obtained good results from a drilling program within 3 km of Mine..."significant gold"... no source of the info was given, no data was given...buzz words like 'significant gold' within the EXPLORATION context can be appropriately used to describe very low concentrations of gold that might indicate, in an exploration sense only, areas having 'potential' wand which warrant further more intensive and advanced expensive exploration , not areas of mine grade rock...but the Public usually mis interprets these words to mean greater economic significance than is appropriate... this is a common promotional tactic...let the Public's imagination, in the absence of specifics, exaggerate the news.
If the news is so good then why the stock down 10% ??? ...is it because oes in the know are selling off during the 'hype'.... only time will tell
I think its a good speculative to play with...buy under a dollar, sell at 20% profit weeks later, buys at a dollar a few weeks after that, sell at a small profit again etc etc rinse and repeat often.
But that's not mining,,the ground... it's mining the Public.