re: catherine davey/1 million buyer 23 bid not ge
Case of third time lucky for me. Bought in 02-02 sold for loss, bought in 03-04, sold for loss, bought in 04-05 currrently up some 60% Not what I would say real smart management . Way too many shares issued earlier at way too low prices resulting in too much isued script, and still more money to raise
Only bought back in cos of Lion Selection involvement! BFS on Indicated resources was not very good so had to sell it on inferred and potential expanded resource base which still didnt stack up as good as some BFS's
The only real upside in this stock is the serious potential for major Nickel Providence status on ongoing good future drill results
Management poor communicators and treat shareholders like mushrooms for a good deal of the time hence the current lack of info at present when we are all expecting critical news 'yesterday'
If patience is a virtue, then holding this stock is guaranteed to increase ones virtue.
Gven all this I am still bullish in the stock although it is not in my favourites draw
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held