a buy at 26 ? not really sure where our system said buy at 26 ,...

a buy at 26 ? not really sure where our system said buy at 26 , at the risk of repeating a well used graph there is no buy signal on that chart, the sell signal has been active for months

maybe 2 years ago or more there was a projection to 90 cents but as I have shown before , the projection was negated if the price dropped below 16 cents .As it was pointed out that was your stop loss .And of course the price did drop below 16 cents and that chart pattern was invalidated. The loss would have been a few cents . The buy signal was not at 26 cents it was much lower at 19 cents.
We have been over this ad nauseam, including the original post proving my point

If anyone else was confident enough to publish a target of 10.5 cents please let us know and we will follow their work

but we digress again away from the real issues

away from the issues of this budget and the track record of these guys and their inability to balance a budget without resorting to capital raises

we challenge them to give shareholders a detailed projection through to production
shareholders need to see exactly how the budget for construction and the budget for existing production interact with each other
we think there will come a point in which expenses will compound and at that point another capital raise will be necessary
but that is not the concern we have

This project will need to be micro managed , the risk of blowing the budget in this inflationary environment is very real

that budget must exist

we challenge them to put in writing stating another capital raise will not be necessary
shareholders need to be told what to expect , need an assurance
this continual devaluation of the share price with a capital raise every 5 months has to stop

the effort this company is going to , in trying to raise as much money as possible right now , and the effort to blunt any criticism is reflective of where they are at
10 cents is a huge level that must be defended