RE:Marketing activities of Anacondaiq4u wrote: I would apreciate if Anaconda would make an engagement with a marketing company which would promote the projects of the future to much more investors.
I think that with more people having Anaconda on their radar we could reach faster higher share price regions and then the negotiations with the banks would be easier to fund the BEAST Goldboro...
Just my thougths,
IQ
I agree that we all want the share price to move upward, but I'm not sure a big promotion campaign aimed for retail investors (traders) would help that much for a SUSTAINED increase in SP. Full value of a mining company is acquired gradually as it gets closer to production. In the case of Goldboro, we are still at least 18 months away from being "shovel ready". The rise in SP is more likely to come from major investors (institutions) coming in with big volume buying for the long term. You don't reach those investors with a big promo campaign, but more by working behind the scene.
Even though I am disappointed with the current SP, I beleive it has little to do with a lack of promotion, but more with the poor numbers we got for Q1 to Q3, after having stated in a number of interviews that we had an "ATM" in NFLD that would pay for much of the development of Goldboro.
Once the number from Argyle finally start looking good and we get a solid FS for Golboro, the SP with grow accordingly.