Buying then selling soon after is probably what many others are doing too. That could be one reason the SP is falling. Many people getting stock at a "bargain" price, but dumping soon after they incur a loss, following their risk management strategy.
Unless you firmly believe gold will lose its status or value in the financial world, then theres little point in dumping at this low Mcap, imo. The risk: reward ratio is very good.
As for the comment that its "too hot and remote".......you're joking, right? The location is known to be a hot environment, and thats all "baked" into the financials (no pun intended). If they werent paying good money , no one would work out there at all.
Did you forget that many other companies are operating in the Marble area? GLN, PLS, BCI, DEG, KZM, CMM, FMG, KAI, RDN, Novo Minerals, Haoma Mining, and many more. Should we also classify these as potential failures because its too hot?
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