guys this is an exploration company, thats why you need patience, theres a whole heap of ground there that they need to map out and drill.
as for the $500 parcel, i believe its a great idea. If you hold less than $500 and aren't willing to buy more to avoid the buy back then your kiddng yourself anyway. Management have obviously seen a large number of these shareholders on the registry, if there was only a handful they wouldn't bother wasting their time. The costs involved in sending out reports and the likes to every shareholder certainly add up and certainly take a chunk out of shareholders equity.
makes sense to me Davo
SIR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
