"Why are you here":
Because I believe the company has a tendency to over-hype their announcements, which can lead to situations where investors are mislead and pay prices for the stock which imo are not justified. Those who bought at the top in the frenzy 2 days ago are now down 25%.
Take the most recent announcement as an example:
4m @ 74 g/t intercept from Contessa is the very first result in the announcement, below the words "outstanding" and "strongest ever" yet only when you read the details of Contessa towards the end of the report do you realise that this was 1 of 12 holes drilled - most of which only produced low to medium grade intercepts and in the "Next Steps" section of the report they are far more interested in following up the Gidgee prospect rather Contessa.
Also, since you are so astounded that the market cap is not higher compared to other companies, please advise which other companies you are comparing?
Cheers
Maverick
Ann: Outstanding RC Drill Results at Gidgee Flat and Contessa, page-213
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