Ann: Gifford Creek Niobium Drilling Update, page-30

I agree. We all want to see the share price reversal play out but clearly in this market there needs to be some massive discovery type news to get any reversal happening. Management have shot themselves in the foot a bit with these recent capital raises at the lows. Would have been clever to raise at 4 or 5x the price a year or two ago with a much larger amount of money and reduce the shares on issue. Unfortunately now, the instos have even more power to play this. The only way to reverse that power is a share buy back and gobble up their selling, put a firm support zone in and hope the retail market gets on board. Unfortunately for a share buy back you need capital and some sort of cashflow. Maybe with time. If we get any shallow gold mining playing out we may get that cash flow and for the share price, the best use for that would be a share buy back imo.