Vince, The snake has a new skin but it still has the same head IMHO. The news / updates from the company remain abysmal except for announcements of of new directors / managers and upgrades of CEO to MD and CFO to CEO along with respective salary increases. The decision to stop mining / producing gold and concentrate on development was a negative for me. I have been a long term holder / trader (10 years), fortunately I sold the greater proportion of my holding in 2007. As has been said before by me and others with, the gold is probably there but the fact that it is in tight veins in GRANITE makes extraction a very expensive exercise.
The delays with the funding with little explanation from the company are of major concern,perhaps a bit more information from the company in relation to this would settle things. There have been to many false starts over the years in relation to funding and this may just be another one.
DYOR My thoughts and ramblings only
CTO Price at posting:
5.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)