everyone, including Rod Foster, would be disappointed that the price is down, the Directors want the share price to do well too. If you look at the financial statements, most of the money from the last two raisings has been spent on drilling (with great results) and expanding the resource, including the MFS for Gold Terrace South and moving towards mining GTS. The Directors can't be expected to do much more than provide the results (which they have), and should drive the share price. They can't be expected to drill and move to production without $$$. Unfortunately, the large number of shares and traders (who pump and dump) seems to hold it down. Perhaps a 20:1 or 10:1 consolidation will be considered down the track?(there were a large number of shares before the current Directors, including Rodney Fosterm, joined the Board, and then when shares were dumped as part of the sharemarket crash, from 6.4 cents to 0.5 cents, they were forced to issue a lrge number of shares at the lower price to keep going).
PRE Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
