I agree with your thoughts but not the premise.
If you are a company prospecting for Zinc and the price stagnates, you go looking for other projects in uncertain environment. Look at RTR. They were holding 4 different projects when they found something in one of their projects. FYI - I was also a SH of RTR when they found the zinc and returned 6-7X my original capital in a short span of 9 months. You can see my posts on RTR forum from back then.
If you look at AON, it has all the footprints of a global scale project Dikaki. The whole year has been a little bit uncertain with the interest rates,Zinc prices falling by 20% and things happening in **ON but instead of just sitting around for uncertainty to resolve a prospector finds other grounds in other jurisdiction to prospect.
Like I said earlier, with early stage companies you need to show activity constantly. Just look at PDI from whence Paul arrived. I certainly hope they put him in drivers seat if they are looking to find Gold. How many things does this company have in common with PDI now ?
- Middlemas
- Sprott
- Paul
- Gold
- Africa
And the list goes on... Let's keep our fingers crossed on this one.
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2.6¢ |
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Mkt cap ! $18.10M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.4¢ | $29.74K | 1.164M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 107725 | 2.5¢ |
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Price($) | Vol. | No. |
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2.7¢ | 111111 | 1 |
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No. | Vol. | Price($) |
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1 | 107725 | 0.025 |
1 | 217000 | 0.023 |
2 | 240000 | 0.022 |
2 | 391531 | 0.021 |
1 | 150000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 111111 | 1 |
0.028 | 100000 | 1 |
0.029 | 350000 | 2 |
0.030 | 399201 | 1 |
0.031 | 135000 | 2 |
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