RE:RE:RE:Round trip done?In my opinion, the wash of shares is what should of happened over the 6m period not in 1 day but everyone was waiting for these last 8 holes, should have been some substance in between to allow ppl fo exit, not just paying salaries creating more debt to wait. Everyone from the previous NRs; visible gold, ceo pp, was waiting for this so of course there's built up volume waiting to exit instead of supporting those good holes. Having said that, maybe we get a few more days to exchange hands and liquidate the people that needed to get out in order to have a upcoming push. Ceo mentioned in NR a drill program to completely secure the 55% within 2022 drilling program which is a heavy raise for that kind of drilling and in my opinion so to dilute at .05 for it is basically asking for new ownership overnight as anybody old would be washed out anyways. I hope they have plans to provide value with some active NRs prior to the announcement of the 2022 exploration plans and well before financing news. Shame to see such a good find in such limbo like this. GLTA
Countrygent wrote:
When the NR has very good drill intercepts and then goes on to speculate that the paper structure may not fund the desired further drilling ... what is going on? Surely it is intended to hold back the SP ... that is a big downer to throw in.
So what comes next - a PP already lined-up perhaps, but two other alternatives are a quit-claim to another company - DEC's book is a disaster at this stage, or stick with the current book but a roll-back.
Lke they say in the mob, it is waht it is. Too bad so sad. So what is a shareholder to do at this stage? The property looks much more promising yet we see a huge wash of shares and no price improvement end of the day.
cg