"And I'm all but certain if the SP was sitting at 1c today, you would be of the same opinion"
Yeah I'll admit I would not be complaining about the share price/my profit position but I would still feel the company is overvalued - for instance one of my other holdings agy even though I am in the green there I think it currently has quite a high valuation....... I would not be a buyer at these prices over there.......
"I'm also deep in the hole on this stock - however I will maintain an objective view instead of dummy spitting."
Sorry to hear, it's a horrible feeling
"GLNs market cap was $672m in April 2022. All things are relative"
True but in current conditions they are currently sitting at 318mil mc for an advanced project with a top resource and imo if we were to achieve the above xtc fair value would not be ~300mil mc....... we'd have to do a lot more imo to achieve that kind of valuation...... again imo we'll agree to disagree
"You want to point your fingers at management and say "But you promised us fast-tracked!". Wake up, this is the real world"
Maybe so but at the same time they shouldn't spruik it as a "fast tracked project" as a reason "to invest with us" over company releases/announcements etc and I'm going to guess it was also used in company interviews (on sites such as st0ckhead etc)...... It certainly would have been a factor in peoples decision to invest
Regardless if the project isn't being fast tracked anymore does this excuse leaving current investors completely in the dark? I don't think so but that's just me........
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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