Too Cheap Been watching for awhile Picked up some today. Too cheap. $15M market cap with $6Million in the bank.
Price drop Over done over an environmental group trashing a drill rig. Placed a speculative bet today and IMO they iron this out by making more people happy. Its a 50% ride up just to get back to Feb 17th 50 cent prints.
During the last 6 months approximately 70% of local residents (approximately 1000 people) have attended Company informative tours of the project site and core shed, keeping people educated about mining and informed of our activities which employ many people, gaining general support for the project and the Company. Unfortunately a small group has resorted to violent means to further their cause.
Our team has also been making good progress working with Central and Local governments and has set a date in March when the Presidential Commission for Peace and Human Rights will hold a number of technical sessions where all the parties can present the facts. The dialogue will be attended by Chiquimula’s Governor and Mayors, and will be under the direction of the Commission. Representatives of the Ministry of Energy and Mines, Ministry of the Environment, Ministry of Health, as well as the local authorities of the villages in the area of influence are expected to attend and address issues of concern.