WHO CARESWho cares what Greg Smith says. When he talks no one cares. They have an extremely rare asset in Greenstone. Really? Then why is the stock price the DOG it is? All of them have been pumping Greenstone and what good has it done. We have been in the same pattern for months upon months. If gold moves up $1.00 we move up 1 cent. If gold drops a dollar we drop 2 cents.
April 3rd gold was $2,294 and we were $8.76\share
April 12 gold was $2,280 and we were $8.22\share
Today gold up $27\ounce US and Equisnot up a whole .14 cents at $7.36 CDN.
Now gold is at $2,353 an ounce which is $73.00 higher than April 12th. Yet we are .86 cents\share lower on the stock price.
Smith, Beaty and the rest of the gang can pump all they want. It means ZIPPO!!!!
Have any of you cheerleaders ever thought why so called management has never spoken what they see as Estimated Net Income per quarter. NEVER! There is a reason for that.