The mine has problems.
The ore-body is very problematic.
There are problems everywhere.
Management have been lying to the public for quite some time.
Some people have figured that out.
The share price took a beating and has not recovered.
Never seen a share price recover quickly after that kind of sell down.
It won't recover until the positive results is shown to the market.
Maybe it won't be profitable even after all the upgrades and 1900 gold price.
Company insiders are not buying these cheap shares.
No one has made a takeover offer.
I suspect this could close under 5c by end of June due to tax loss selling
Or should say cash preservation selling.
Wish I was wary before but has cost me an arm & a leg.
Hope the mine is fixable and I can recoup some big losses.
MOY Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held