AAM 0.00% 5.9¢ aumega metals ltd

getting closer to expected sp, page-78

  1. 1,710 Posts.
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    OilGoldGas- I agree with you about most posters cutting their nose to spite their face.

    The other thing I'd like to add, is if the company had come out with one announcement after another disclosing each and every problem they were encountering with their plant, the share price would have been hammered much sooner than it has been. In my view, they at least put a positive spin to it by announcing "yes we are having problems with our plant, but we've poured gold, we reaffirm our committment to producing 30,000oz p.a and we've raised enough capital to keep us going"

    The current share price problems are due to the falling gold price, not anything the company has done in my opinion.

 
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