re: Ann: COPPER GOLD PORPHYRY ZONE FURTHER IN... I'll be glad...

re: Ann: COPPER GOLD PORPHYRY ZONE FURTHER IN... I'll be glad when it's over. Hoping it was subscribed since if not, what was the point of extension, emails as well as phone calls to holders in regards to taking up the offer... If nothing else I suppose they tried to raise the cash from us all ready out of pocket. Not sure about other holders, but when you're down 60% in 5 figures, hard to justify plowing more in considering other stocks in the market. Still faith in the long term, but the plan was to make some profits rather than wait however long to break even. Whether or not the grade is low is inconsequential as regards the Nev drilling considering it has already been estimated publicly that there's 750k ounce - the surprise is why no jorc or are they waiting to make an announcement regarding the entire mountain instead? Would be interested in estimates to mine it out, the time frame, amount/year etc so as to take a stab at estimating the market cap/sp down the line. There may be other projects in the pipeline but if crater is the more mature and requiring most funding, then would presume an even longer wait... And of course would like to know the company's strategy - i.e assuming a discovery/jorc, what are the plans from there - sell, license, mine, or whatever. Constant dilution to drill a few more holes at this stage needs more justification since presumably there is sufficient info to take the strategy into the next phases. Would rather have the shares trading with more basis on fundamentals assuming they were all public than on the back of raisings and volatility resulting from traders. Until some serious announcement regarding the future plans are issued, presume the status quo trading may continue - unfortunately the smaller holders can only wait for more and more drilling results, and they likely will do little than reinforce the known but provide tons of speculation for posters of course. However in the back of my mind is the possibility the company may announce something soonish especially since it appears future drilling is outside the current nev system unless I'm incorrect - in other words a consolidation of information leading up to formalizing the results and prospect to date. All speculation but as the phrase goes DYOR however considering the past years developments, share price, price old gold, PNG itself, the weather .... not sure where the research would likely lead...