Post by
SPACEDOC on May 20, 2022 10:30am
Let's take stock once again
The share price as I write is $.49 US. High was $1.15 down 60% approx.
1). Madison has not at this time produced any drill results that have been more then tepid if that and certainly despite management and the chief geologist claimg the blue sky is amzing only sizzle and no steak. Yes RIO bought up properties around the claims but is that because they see potential on the clais or areas outside wht USGDF holds an interest in
2). Gooseberry despite the claims of Eric Saderholm chief geologist ("I never met a drill result I didn't like") was also met with tepid results. Again blue sky no steak
3). Tuscacora is delayed and the intial stuff was merely fluff with no real market value just blue sky again
4). At one of the latest conferences very recently their booth was empty I am told by a reliable source and no one at the podium?? WHY?
5). Redhill was supposed to trying to enlist a startegic partner but to my knowledge this has not occured? WHY?
Let's get real results (or steak as I put it) or yes in these very difficult market conditions with costs going up and gold not exploding the future near and intermediate term
The picture of the CEO on the cover of a mining magazine means nothing. Their IR is greta but at some point results have to support their optimism . I am a shareholder and have no reason to pan the company other then the thoughts above
Comment by
goldstd69 on May 20, 2022 7:11pm
I believe we are still awaiting drill results so I dont know what you mean by tepid results.
Comment by
Thisisfunstuff on May 22, 2022 9:56am
Good post with more updates soon i hope. this stock will move higher as gold moves higher.