"Over the last month the majority of spec stocks have fallen considerably, its the general market trend for specs right now."
Not right. I have purchased a few spec stocks recently that are going OK.
"don't forget most of the directors and geologists are major shareholders and want this to succeed. "
It is already a success for them, they do nicely with fees and payment for services.
Ps Dont shoot the messenger.
Ann: Market Update - Delay in Assay Results, page-154
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