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09/08/19
12:58
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Originally posted by christophe:
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Surely with the gold price as it is now this stock has to attract some attention despite the SPP situation? Plenty of stocks have been in the same situation but have run on good news or changed metrics despite in the process of raising capital through whatever means. Do you have to hold for 12 months to get the free share? Because I am not eligible I haven't read it but happy to buy at .007 given the FA here and the cheap MC. Bagged it on the last spike this time last year. Looks like they are close to actually producing some gold through this pilot plant and then bulk sampling so the higher the gold price the more money in their pocket!
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Yes you must continue to hold the shares issued to you for 12 months in order to get the free share. Most of the share price behavior is due to how slow the company is moving and how much guidance has been missed in the past. But, now they have the mine open, the pilot plant working, and are about to pour first gold. Its only a little exciting at these prices. Are you holding for a long time? Or trading for a pip? What is your target share price over what time?