RE:Market Maker
puppy, I would like to correct one statement in your post. In my opinion they did not release "good news" in January, but mainly a promise that this year will be better than last. To me their credibility is zero after the horrendous blow-out of the first 9 months of 2021. They say they have a new mine plan (after failing to predict that they would lose money stripping the new pits), but where is that plan, and why don't they want to reveal it? How much of their low-grade ore is actually economic to extract, now that fuel and other costs are rising? Meanwhile, the next news to come out will likely be bad news, because we haven't yet seen the full 2021 results. And where is the new project that they encourage shareholders to daydream about, with absolutely no clue of doing anything? How can they afford to acquire and develop a significant project when they are barely making money, if at all? In my opinion, this is a classic case of a company with "a great future behind it."