Originally posted by Amiga1200
I cannot understand what is going on with our SP, we have more prospects and more positive news, than this time last year, we even have a MOU for our Graphite, and yet or SP is 25% lower.
Is it just the current market sentiment in general or is MLS on the nose with investors?
Usually with news just around the corner there is a surge in the SP but currently there is still pressure being applied to the support at 0.3c and as a result impatient investors are also getting out.
I am beginning to wonder if there is actually anything that the current management can do that will change this. I don't even think that a change in management would make any difference.
Yea we have an MOU saying they will buy our black powder if we have it, but we're still at the 'if we have it' stage. Management is doing exactly what they should, my only bug bear is that they should of had all this done way back when and not wasted any capital on the tricky to liberate purple lithium stuff.
1500m isn't a big drill program so they are awaiting the trenching results to finesse their drill collar locations to hopefully make them count. From their hopefully enough of a glimpse at what we have in ground is provided to CR at a higher price than this then progress with a decent size exploration plan. Plenty of potential, but there is nothing we can do until we have results, and if management had them, so would we.
Alternatively of course the impatient can sell their shares to Peter who I'm sure is waiting patiently for the impatient at 0.003.
