NotNearlyEnough wrote: The Assets are there. ORV is undervalued. Hard to believe valuation is sitting around $60M CDN with gold about $1,800 and Cu at $4.20. Today's news did appear positive, more than usual, and I think we will see some pick up in days to come.
The problem, imo, is that managemen and the board is not up to the job nor really interested in building shareholder value for the minority holders.
Some have referenced the awful press releases. Not my primary concern but I agree that stuffing months of drill results into the production update shows the lack of skills on the part of senior management and the controlling minds. Not to mention, many who glanced at the PR probably missed the results at the end. As well, the graphics are too blurry to read the grades and widths. Worse than amateur hour.
Having said all that, I think we will be over $0.50 by end of day. Less than 100,000 would do it.
FInally, for those with decent size positions e.g. 500,000+++, I think it would make sense if we get together and call a special meeting of shareholders to deal with all of our concerns. It is time for the minority to be heard. I could not even get into the AGM this year. I've been in contact with a few shareholders and I think we are at 5%. I would like to get to 10% before initiating next steps. Please PM me if you'd like to participate.
See you all at $1.50 very soon. I hope.
Beluga2020 wrote: Jcoop have you looked at the grades from the exploration results in Spain? Some are significant and would be headliners if marketed by other companies. Won't be north of 50 cents till 2022? Try by the end of August. You must be having a bad day.