I must say, I am very impressed with the amount of knowledge you bring to the forum to tell us how bad this investment is. I note you even said they are carrying massive tax losses but omitted that it wasn't in fact tm1 who had those losses, rather the previous company. Even though you did show the balance sheet.
At the end of the day, this is a Circa 20 mil mc, with what Imho has huge potential with more drilling assays to be released. I am prepared to go on company announcements they have made a discovery. How big or good remains to be seen but I am very impressed so far. As would it appear some large fund managers who have taken a position on market and through the cr. I heard this through the grapevine, make of it what you will (a current top 20 may help with confirmation as to whether true or not).
A few more drill results will start to paint the picture and we will know sooner than later. I await further company announcements while all us here speculate.
Regards
DD
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