This company has lost the plot. As if 600m drilling wasn't enough, now they are targeting 1000m holes. They couldn't find a target at under 100m, now they think they can hit it at 1000m?
Should have developed the 3 prospects 5 years ago. Yes, unbelievably they are still called prospects. After what, 7 years of drilling there are still no resources done on them.
I think they need to wake up and accept that a mother lode does not exist. It is more of the same patchy, sporadic intersections.
Bailed 12 months ago at a small loss and couldn't be happier. Was a 5 year hold before that btw.
Good luck to those holding. You may make some money but I just foresee a continued long term downtrend with small spikes every now and then.
Dilution is now a real problem
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This company has lost the plot. As if 600m drilling wasn't...
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