Deep breath We have spent the past month or so with anticipation of high gold and were disappointed. Time for everyone to assess what the latest press release really means, reassess what the company plans to do this year and the likelyhood of them accomplishing their goals.
The "Shorts" won this round, maybe the share price drifts down a bit more, maybe it doesn't. In the end, what really matters to each of us investors/speculators is what each of us hope to get out of this company and out time lines. There is a lot in my mind that the company still has to prove this year. Currently they are mobilizing to the Yukon, I expect more drilling to be done at Burro Creek this year, maybe with a resource by the end of the year? I'm guessing they will continue drilling at Alpha later in the year as well.....if I understand the press release properly, they are on gold, but not the main gold. If I was management, I would want to explore more this year, hopefully finding the main source before the year is over....especially if they want to go to the market for more cash in the winter. We have the cash now, best we try to utilize it the best way possible.
I'm still committed till at least the end of the year and at that time I will reassess. Maybe people should take a deep breath and consider their options are as well. In or out, the company has the funds to do what they plan to do, so maybe let them do it. Pay attention and ask questions along the way, hopefully together we can figure it out and maybe even make a few dollars.