Ann: Company Update, page-161

so for this reason a lot on investors have been caught out in a pump and dump.

No, maybe you've been caught out, but investors who have evaluated and made a decision have not been caught out. Please don't confuse 'investors' and 'traders'. By your own wording you appear to be a trader. If you lose money then you are a bad trader. Good traders know when to buy and when to sell. They typically are not concerned with the fundamental progress of a company, it's all about the opportunity and any fundamental progress is a by product for them. Anyone who is a true investor would know that you don't base success on a 1 or 2 month time frame, and particularly not in this industry. I believe based on the recent share price history that very few investors have been caught out. In fact investors are still waiting for this to play out and will more likely than not see gain in their investment imo. But of course this is the stock market, these are speculative companies, exploring in locations that do NOT have proven resources, there are no guarantees.

You are what I would call a swing trader. You don't objectively value the company based on the true position , you value it based on how successful your trade is. And that is clear by your comments now compared to your comments when the share price was rising. Again if you have lost ALOT of money you have no-one but yourself to blame.

The company stated a drilling timeline of 6 to 10 weeks incorrectly

No they stated a guideline, not a timeline. Maybe if you had listened to me before Christmas when I said that they are very unlikely to be drilling within the original 6-10 week guideline, you'd not have gone all in with more than you could afford and you wouldn't now be so emotional. Or better still maybe learn about exploration for yourself and get a better understanding of how the process works, that is if you want to be a true investor, not just a fly by night trader.

Investing and trading requires hard work in research. For the majority of us, success hasn't happened overnight, there is no fairytale of overnight richness, it is a job just like any other. The more you put in the more you will receive back.