Anyone who makes investment decisions based on what is written in a HC forum is a fool. In reality, those branded as 'rampers' and 'down-rampers' influence only those who really should not be in the marketplace in the first instance.
Whether, or not, buying into a gold focused company at this time is a good thing, is a moot point. It may be beneficial to shareholders, it may not - time will tell.
What is relevant, and what legitimately concerns many shareholders, is why this company has had so much difficulty raising the (paltry) $40 million it needs to continue its core business - graphite mining. Yes, right now is a diabolical time for almost any business, but this is not about right now - this is a process that has seen years getting to where it is now - precisely, nowhere.
To many (and I am one of them) this foray into non-core business is a desperate attempt to increase the credibility and appeal of a company that the finance world believes it lacks - and the market has reflected that view.
I have no issue with the optimists and hopefuls who advocate patience and who keep seeing lights appearing in the distance of a never ending tunnel at every snippet of encouraging news that the company puts out - good luck to them, I truly hope their faith is eventually rewarded. But those that have heard all this scores of times before are neither alarmist, nor naive, and their views actually do provide the balance that you are applauding - without them, this forum becomes a back-slapping, feel good, social club for those with insecurity issues.
