RE:Gold arisingim all for mako rising- that is why im quite hesitant on what the CEO is currently planning to do at the next AGM.
we dont have any cataylst set up for the reversal to help the stock rise higher.
the stock price has dropped while at 1900oz - the rest of the mining world is up. and he wants to revese is 1:20- so it can be a 6-10 stock. - you need so much more to get going for the reverse to happen.
i'll give him points on transparency - but this is a dumb move when the stock could rise with the price of gold
Look at Midas Gold - K92 Gold, New Range gold - BRC all up on just price of gold.
Mako down? cuz he wants to a 1:20.. c'mon man.