Thanks Spec101, This company is a worry and seems to be...

Thanks Spec101,

This company is a worry and seems to be following a pattern of a number of past mining companies.

The company announcements and generous forecasts by broking companies are starting to give the appearance of propaganda.
Also the spread of activities is unreasonable for a company at this stage.
Emphasis should have been on getting the "profit making machine" going and after that exploration and such activities pursued.

One must have noticed that after "positive" company reports and fabulous prediction of future share price by brokers there is a widespread yawn from the market and little share price movement - often down.

So the "propaganda?" is taken in by the ordinary private followers but discarded by the "big boys" in town?

Though a holder am beginning to imagine that the management is working their butts off to develop and present a positive package for an eventual take-over.
About 17 cents a share offer?
Eventually!

Who wins?
Who loses?

This is a scenario that has been repeated in the past.

Hoping for the best but very guarded expectations.

PS
(My last post relating to the share offer worth reviewing)