Like all of you, I’m disappointed in the current share price. The reality is we needed funds and unfortunately the previous news flow released from the team happened to be at the worst possible time with global market uncertainty.
Warwick & Geoff will both dip into their piggy banks no doubt as this is far below their average buy in price. A 1.7m market cap is an absolute joke considering we have 3 exciting tenements with proven potential & of course Elko.
We held up reasonably well the last few months, when we probably could have dropped a few pips down in any case - a shame that we didn’t generate much volume over that time. The board did what they could regarding newsflow and let’s not forget Geoff snagged another few million at 0.005 just the other month as well.
Fact of the matter is, we need money for drilling and the only difference now is that the price is lower than we had hoped.
I remain bullish on our long term prospects with a team committed to expansion, drilling & newsflow and will add to my position for the upcoming drilling campaign.
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