Tweets, 3c to $10, was based on an inaccurate JORC from WM, a statement he had to retract later after a long TH. Also the sellers profited from the misinformation by him. Then there was a sharp drop when the corrected JORC was released, so all those buying above $5.- took a loss.
Also do not forget that several months prior to his bonanza announcement he had a lot of cheap options issued to him, therefore making a major killing.
Since that JORC there has only been one other which again disappointed. Again we hear about trading manipulation prior to its release and that it did not calculate native copper.
That last JORC by the way was promised for a very long time before it was finally delivered. The company makes a lot of promises but seems to be unable to maintain a proper timetable.
It therefore does not surprise me that shareholders are now becoming disillusioned.
Many years ago I stated that he kept drilling like swiss cheese but not concentrating on the main game which is to upgrade the resource and to commence mining.
The company continues to churn cash, has spent cash on buying back shares and then sells shares to raise capital.
It has a large mining fleet that requires upkeep and it has an executive in Hong Kong, who spends a lot of money for no real benefit.
I remember you being an advocate yourself for a very long time but having lost interest in the last couple of years and now noticed you no longer hold any stock in the company.
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