Not looking too flash at the moment, makes you wonder if insiders know something that is about to hit, or if the stock is just unloved, or if there is something in the ore type we don't know about, or if people just see better options elsewhere, or if there is some director or management issues, or if it's just a gold malaise with explorers as money goes to developers and producers - does anybody know?
It's been in a long term downtrend, whereas many gold stocks are well up. I wish I knew what was happening here, and it would be good for the MD to give an explanation of this stock's behaviour in comparison to other small explorer gold stocks. Maybe there are some others I should have put this investment money into, some of them are doing really well, my regrets now. I'll hold off buying any more until we find the cause, because the downtrend is too concerted.
Another one for a bottom drawer?
Will it eventually come good?
Gw
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