It’s an exploration company
Drill holes and get good results the share price will go up.
Drill holes and get mediocre results share price will drop.
Don’t drill any holes share price drifts.
The company has a plan and the cash, just needs results.
I’m sure when the drilling starts the PR machine will crank up.
Be patient and accumulate if you like the company.
I feel the CEO has promoted well enough.
We’re just not in that part of the economic cycle worldwide where easy money turns up and chases prices up on a sniff of something positive.
Ann: Ministry of Environment Permit for Drilling Penikat Project, page-59
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