who ......

......would buy this stock?

Lets face it, unless you've been in for a while and know the story, you wouldn't be touching it with a barge pole!!!! And thats what I think is happening at the moment.

- Big players
- Big manipulators with obviously a lot of clout(and money)
- a sp thats been on (an almost) steady decline for over 12 months now
- director legally battling one of the big four banks cos he gambled his stake in the company (simplistic view but true)
- a JV with a large multinational resource giant
- the same giant opportunistically swallowing more of the company and taking a much more powerful "its mine, go away" stance
- no results, or very few filtering out.

So regardless of the "good story" that we believe and keep being told is there and is getting "better better better every day!!!",........ i ask the question again......who would buy into this stock?????

The answer: not many!

Tell me I'm wrong at the moment. Who would take the risk when it is obvious "the story", "the results" and "market forces" have absolutely no effect on the sp?

If i wasn't in these already (and at a sizeable loss) i know I wouldn't be buying in. Too many games and not enough focus on the resource. Its a crying shame.

They should get back to drilling and announcing results....like clock work every few weeks a new annoucement!!!

PnB