This is a quiet discussion group. Maybe it is time to breathe new life into the company with a new direction. I find it strange that listed ASX companies do not take advantage of their position. With a listing comes opportunities; shell groups are out in the market trying to find a project to bring them to life. Why not explore the possibility of picking up a private company for the next bargain and bringing it to the market? There are still some good deals out there. One of my favourites is the old Beadell resources project. A private group owns it now and is looking to list it.
Tucano Gold is a Canadian company with a mine in Brazil. It is worth a few minutes to check the video and then push management to look. If not Tucano, then something else. This is a good way to bring value to investors, and if they did bring in an asset like this, I would definitely be a buyer.
Each to their own, but these opportunities will not last long.
ATM Price at posting:
90.0¢ Sentiment: None Disclosure: Not Held
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