Post by
metalhead666 on Feb 13, 2024 7:05am
I told you so.....
A long time ago when everyone was fawning over Ewen I warned that they were way out over their skis poking holes in the ground like a woodpecker on an old log. Instead of developing the most prospective cash flow generator they just pi$$ through your money sinking ever more holes 1000' under ground. They don't even talk about the mill anymore which will probably cost $400 million alone. It doesn't matter how much gold is underground if you have no plan to monetize it. Instead of changing course they just double down on the drill bit and how to keep raising more and more money selling more and more shares.
Comment by
Blunty1969 on Feb 13, 2024 8:01am
There is some truth to that I agree
Comment by
goldstd69 on Feb 13, 2024 4:34pm
that drilling you lament about is finding lots of gold and other metals...a jv deal in the works...I get to buy the dips and and am ok with that.. I would like to have the share price more responsive to news but I think IAUX will do very well....the future is bright imho...