RE:PilgramHi Blueback
I too bought shares at a much higher price than the current price because I believed Renaud's words.
Then I realized that, despite a remarkable longevity, age had gotten the better of some of his faculties.
When I saw that the new CEO was approaching things methodically by emphasizing preparation for the future but certainly to the detriment of immediate profitability and at the cost of a huge increase in the number of shares in circulation, this paradoxically reassured me about the future of Abcourt.
So I continued to buy shares month after month to build up a downward average.
I am not triumphant because it is clear that Abcourt still has to ensure the financing of the full-scale operation of Sleeping Giant and that is not yet a done deal and unfortunately, given the banks' reluctance towards the mining sector, this will involve further dilutions in my opinion.
But the figures are more than encouraging and I would happily resolve to be even more diluted if this allows the Sleeping Giant project to succeed because then, each year, the net profit will be greater than the entire current capitalization of Abcourt.
You can think I am wearing rose colored glasses but I am a scientist and I trust this scientific approach of the job.