In the red once again . I do not believe in these “ conspiracy theories “ as to why the SP has crashed. SH do not dump loads of shares if they believe the company will continue to progress. Mostly the SP is reflective of the companies current situation.
So why has it crashed ???? . I can only assume that the location of the project is not ideal .. Or it could be the funding of the project. Management have been very slow on Ann’s on this matter . Don’t think it is mineralization or quality of what is in the ground, though maybe it has been overstated ( highly unlikely)
What ever the reason this company is “on the nose” and the SP has fallen dramatically. No excuses,the SP is reflecting the companies present position and the company needs to come up with something to stop the slide further or more SH will sell .
Yes , I’m expecting some backlash from the diehards but this will continue on a downward trend unless management addresses some issues. No more BS excuses.
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