our last yearAm I the only one confused here. Just a few facts to look at and ponder.
One year ago today, Aug. 25, 2004 we opened at .80 traded 225,000 shares, hit a high of .94 and closed the day at .90. At the time I don't think we had even started drilling on Pinaya.
Since then we have drilled 20 holes which equates to somewhere around 5,000 feet of drilling, not to mention the Yukon. From what we can gather, we have hit a major porphry system open on all sides. Results seem as good if not better than most of the existing mines currently in production in Peru. Gold is trading between $420 - $440, copper is trading at all time highs. I believe these are the two metals we are suppose to have an abundance of, and, from the depths of the drilling to date, extraction should be quite economical.
In the meantime, others in Peru, with similar results are making deals with majors and their stocks are taking off.
Is this the most inept group in mining or have all the majors been able to make better deals with the other groups.
The share price is not reflecting what managment is saying in their news releases. So, what's wrong with this picture and when do we as shareholders start demanding some answers???????