What did you want him to say....(despite his 300k salary is getting poorer as share price comes down).... he just reiterated over and over the same story which is the only story here..... then the market makes up its own story and determines the price (which is out of his control..... he thinks he has a fantastic asset, market says blahhh). They raised capital super quickly that in this environment is a bonus (well considering the stupid price thow)... at the moment rivermore they are doing jack all so they are saving money... when the digging will come back after September then we will see how long the cash will last... not long really and either the story will improve or if not and then will face the big dilution as they will have to keep digging and digging for years.... the dream of seeing this as a multi multi bagger from years ago is changing to small multiple if lucky (considering the future multi million shares CR needed).... but the story can change with just 1 hole... that is why you stick as there is plenty of money to be made just shorting the market rather than buying shares.
GLTH
SVY Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
