NOW is the time to load up here!I haven't posted any commentary here is a very long time, for good reason, i was waiting for the opportune time to do so. So now it is & therefire now i will! I had said a few months ago that the current (at that time) situation of the company, required them to borrow addtional funds by way of PP for them to continue working on the property AND hopefully keeping ownership of the asset. Now that has been accomplished. Before, the consolidation of share capital & subsequent cash infusions, the company's financial situation was a complete mess of the highest order and things were looking bleak. But now, the books are cleaned up, the lending convenants have been maintained AND they now have sufficient capital to move ahead with major work on Pumpkin Hollow. In other words, all the pieces are now into place for this investment to floursih big time.
A few months ago, i had explicitly told investors, at least those that istened to my preaching and followed my advice, to hold off on taking a large position UNTIL the right time came, AFTER the big equity raise was over & done with. Now my friends, if you are still interested to make an investment here, NOW is the time. Not only is the price very good here, the current market dolldrums have created an opportunity that probably would have not presented itself otherwise. Another shot at picking up these shares very cheap & at the absolute bottom.
If you listened to me back then & held off from buying, listen to me now and buy with both hands, as much as you can afford or afford to risk. Keeping in mind that this is still highly speculative, even now. So know what your risk tolerance is before you commit anything here. Also, don't listen to any of the naysayers on this board, as 99% who were either offended by my comments or strongly disagreed with what i said back then didn't know WTF they were talking about or what WTH was going on.
I will comment further when the time allows or when something material arises, so unitl then folks gl.
Good luck & God speed