kevin says "slower than normal" re approvals and yet I see plenty of other stocks turning these around much faster. 6 weeks out from the release o the march quarter report and no action, no timetable for action
lack or any urgency is a hallmark of this stock/management team and that reflects in the SP performance. there's always an excuse and it's never their fault always someone else's.
That's why this stock is down 75% in 3 months. Yes the market is bad, yes the outlook for sector is negative but yes management are a significant contributor as well. If it was just the market the SP would be knocking around 6c or 7c IMO - that is comparative to other stocks in the same situation. Not good but not as bad as 3c
They have the land, they have the targets, they have our money. Their job is to drill. I wish they would just get on with it.
ALY Price at posting:
2.8¢ Sentiment: None Disclosure: Held
