RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Company updateA few things:
1) VWAP today was close to 21 cents. CIBC bought 32,000 shares at 3:18 between 20 and 22.5 cents.
2) Right after the CIBC trade, Morgan Stanley sold 500 and 500 at 0.195 and 0.185.
3) Bids filled in right away above e.g. 19.5 cents, but of course Morgan would not hit them.
4) Morgan, imho, continues to try and paint this down at every chance. Short term frustration but long term hope,
5) Have never see depth so thin on the asks
As for NRs, as I said, agreed nothing exciting in MORE than 4 months.
Lots good news to give, eg OSP, drilling results, etc, but management seems more itnerested in boondoggling, or maybe they just dont have the skill set to realize value????
You could sell off pieces of ORV right now at bargain prices and still net $1 a share.
I think its time they trew in the towel and sold
greendayyyy wrote: The last three news items are about gold production, the summit conference which was a disaster by the way and the financial results. Nothing about drilling and project development. The next news will be the fourth quarter financial results which could be another disaster if the all-in production costs are above $2200.