"but a little patience is required as we continue to finalize an initial overall find to date which is expected to be announced shortly."
They did this, they announced the MRE after delaying it for months it what appeared to be an attempt to build the resource to something acceptable.....even with the delay it wasn't acceptable and the price tanked. (285???).
They've found nothing significant since so any future update on the horizon will likely end in tears for share holders. People like your good self 1912 built the expectations here and so are in part responsible for the current slump in the SP - your own worst enemy.
The company will never match your enthusiasm or sketchy fortune telling here..........just like a take over bid based on what is currently known would never get near $4.
Mate - those 'cheap' shares at $1.22 that went out at the placement have now been dumped at a near 50% discount. I think that's a pretty clear indicator of where the professionals think this company is headed.
Out of interest.....when was the last time any of the board bought shares on market? You'd think, being such knowledgeable guys they would know a bargain price when they saw one........or do they have enough money and dont want to make more?
Writing is on the wall - you just refuse to read it.
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