RE:RE:RE:aeg webinarJfan..yes, i was expressing the frustration of the reaction of the market to the KL deal in general and the lack of visible foreward progress in particular. As you know we have been waiting for drill results to be announced for such a long time now as i have been holding high hopes on the Porphyry Lake target because that could be a game changer for ORX imo.. if results were good and a new orebody identified then the company would immediately gain increased asset value.
This is what i have been waiting and waiting for, having loaded up with more shares than i probably should have but thought it was a risk worth taking just because of the potential Porphyry Lake drill results.Combine that with some free AEG spin out shares and it seemed it might be a good bet.
I believed that even if the spin out shares only represented a 5% value at least they could get the AEG operation up and running and maybe generate some interest in that play it would increase the value somewhat there too, but when i learn that they have delayed further the AEG IPO then everythig just gets pushed back further and it is really frustrating to see the sp stuck down at these levels and even with a big deal like was announced.. still the sp remains stuck at these low levels.
It seems that a large percentage of mining stocks have gotten badly beaten down in the past couple months and even though the POG has been recovering, its gains have not been reflecting on these small explorers. So in times like these we need to see leadereship that is committed to doing what they say they are going to do, not spouting off about upcoming events and then not delivering.
BTW... i realize nobody can be all things to all people but please just do what they say they are going to do inside the time frame they announce..otherwise do not make the promise.
Overall i still hope for success for ORX and maybe things will work out in the long run after all.At this point we can only hope and wait and see (all jmo)
glta,,gs2